Question:
How does the quote/pricing step work?
How long does the quoted rate remain valid?
Is the amount shown in the quote exactly the amount the recipient will receive (net of all fees)? Or are fees deducted separately after the quote?
After the user locks a quote, how much time does the user have to complete the payment and STILL receive the exact quoted amount? (e.g., 5 minutes? 30 minutes? 24 hours?)
What happens if the user pays after the quote window expires? Is the payment rejected, refunded, or processed at a new rate?
Answer:
Structurally simpler than an FX provider: USD ↔ USDC/USDT redeems 1:1 with the issuer, so there is no quote expiry, no slippage, and no repricing risk.
The recipient amount is deterministic — gross amount minus the contracted fee schedule, known upfront. A “late” payment cannot be mispriced: it converts 1:1 whenever it arrives.
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