Welcome to Paycrest - A decentralized liquidity protocol for instant, secure, and zero-fee stablecoin-fiat exchange
Paycrest is a decentralized liquidity protocol that democratizes global payments by enabling instant, secure, and zero-fee stablecoin-to-fiat and fiat-to-stablecoin exchange through a network of verified providers.
“To accelerate the creation of democratized payment systems of the future”
We believe that financial infrastructure should be accessible to everyone, everywhere. Paycrest is building the foundation for a more inclusive, transparent, and efficient global payment ecosystem where:
Anyone can participate as a sender, provider, or developer
No central authority controls the flow of funds
Transparency and security are built into every transaction
Local solutions work seamlessly with global networks
This mission drives every aspect of our protocol design, from the decentralized architecture to the developer-friendly APIs.
Cross-border payments — especially in Africa and other emerging markets — remain globally expensive, slow, and fragmented. This is largely due to:
Paycrest addresses these challenges by introducing a decentralized liquidity protocol that enables:
Near-instant fiat/stablecoin conversion via a decentralized network of Providers
Zero transaction fees for senders, with protocol fees borne by Providers
Embedded compliance through user-friendly KYC and attestation flows
Streamlined crypto-free UX, enabling adoption without requiring users to understand wallets or chains
Multi-chain interoperability, beginning with support for Ethereum L2s and expanding to modular chains
Create Order
A sender creates a payment order on the Gateway Smart Contract, specifying the amount, token, recipient details, and rate.
Aggregate
The aggregator node indexes the order and assigns it to one or more provision nodes run by liquidity providers.
Fulfill
The provisioning node automatically disburses funds to the recipient’s local bank account or mobile wallet via connections to payment service providers (PSPs).
Performance: Most orders complete in 30-60 seconds, with automatic refunds if not completed within 5 minutes.
Just as SWIFT operates as a financial messaging protocol without being a financial institution, Paycrest functions as a decentralized payment messaging protocol without being a payment processor. The Paycrest protocol doesn’t hold funds, process payments, or act as a financial intermediary.
Instead, the protocol provides the infrastructure and messaging layer that enables:
The key difference? Paycrest is faster, cheaper, and onchain - leveraging blockchain technology to eliminate the need for traditional banking intermediaries while maintaining the same reliability and security standards.
KYC-verified entities that initiate fiat-to-stablecoin or stablecoin-to-fiat transactions
The beneficiary who receives local fiat or stablecoins without interacting with the protocol
KYC-verified participants that supply fiat liquidity in exchange for stablecoins
KYC-verified entities that match orders with suitable Providers and coordinate fulfillment
Paycrest exists to bridge the gap between digital assets and real-world financial systems, especially in underbanked and high-friction economies. Our long-term vision includes:
Modular Architecture
Storage, KYC, and execution may occur across different chains and systems
Multi-Chain Support
Beginning with Ethereum L2s and expanding to modular chains and app-specific rollups
Embedded Compliance
User-friendly KYC and attestation flows
Zero-Fee Experience
Protocol fees borne by Providers, not senders
Ready to integrate with the Paycrest protocol? Choose your path:
Learn how to create payment orders and integrate with the Paycrest API
Set up a provider node to supply liquidity and earn fees
Paycrest serves a wide range of industries and use cases:
Crypto Businesses
Traditional Businesses
Financial Services
Gaming & Entertainment
Enterprise Solutions
Paycrest supports a growing list of currencies across multiple regions, with new currencies and delivery channels added regularly.
Our currency support is constantly growing. For the most up-to-date list of supported currencies and delivery channels, check our Supported Currencies page or use the GET /currencies API endpoint.
All participants undergo identity verification
Audited Gateway contracts with escrow functionality
Protocol changes require multi-signature approval
Built-in support for regulatory requirements
Paycrest is designed for both Web3-native users and those who may never need to know they’re using crypto. The protocol abstracts away the complexity of blockchain technology while maintaining the benefits of decentralization.
Paycrest is evolving from a federated protocol to a fully decentralized, permissionless network. Here’s what’s live and what’s coming next:
Current: Offramp Protocol
Q3 2025: Onramp Launch
Support for onramp (fiat-to-stablecoin) flows
Onchain KYC (2025+)
Full Decentralization & P2P Networking
Currently, Paycrest operates a single aggregator. In the future, the protocol will support multiple aggregators and full decentralization. See the Roadmap above for details.
Welcome to Paycrest - A decentralized liquidity protocol for instant, secure, and zero-fee stablecoin-fiat exchange
Paycrest is a decentralized liquidity protocol that democratizes global payments by enabling instant, secure, and zero-fee stablecoin-to-fiat and fiat-to-stablecoin exchange through a network of verified providers.
“To accelerate the creation of democratized payment systems of the future”
We believe that financial infrastructure should be accessible to everyone, everywhere. Paycrest is building the foundation for a more inclusive, transparent, and efficient global payment ecosystem where:
Anyone can participate as a sender, provider, or developer
No central authority controls the flow of funds
Transparency and security are built into every transaction
Local solutions work seamlessly with global networks
This mission drives every aspect of our protocol design, from the decentralized architecture to the developer-friendly APIs.
Cross-border payments — especially in Africa and other emerging markets — remain globally expensive, slow, and fragmented. This is largely due to:
Paycrest addresses these challenges by introducing a decentralized liquidity protocol that enables:
Near-instant fiat/stablecoin conversion via a decentralized network of Providers
Zero transaction fees for senders, with protocol fees borne by Providers
Embedded compliance through user-friendly KYC and attestation flows
Streamlined crypto-free UX, enabling adoption without requiring users to understand wallets or chains
Multi-chain interoperability, beginning with support for Ethereum L2s and expanding to modular chains
Create Order
A sender creates a payment order on the Gateway Smart Contract, specifying the amount, token, recipient details, and rate.
Aggregate
The aggregator node indexes the order and assigns it to one or more provision nodes run by liquidity providers.
Fulfill
The provisioning node automatically disburses funds to the recipient’s local bank account or mobile wallet via connections to payment service providers (PSPs).
Performance: Most orders complete in 30-60 seconds, with automatic refunds if not completed within 5 minutes.
Just as SWIFT operates as a financial messaging protocol without being a financial institution, Paycrest functions as a decentralized payment messaging protocol without being a payment processor. The Paycrest protocol doesn’t hold funds, process payments, or act as a financial intermediary.
Instead, the protocol provides the infrastructure and messaging layer that enables:
The key difference? Paycrest is faster, cheaper, and onchain - leveraging blockchain technology to eliminate the need for traditional banking intermediaries while maintaining the same reliability and security standards.
KYC-verified entities that initiate fiat-to-stablecoin or stablecoin-to-fiat transactions
The beneficiary who receives local fiat or stablecoins without interacting with the protocol
KYC-verified participants that supply fiat liquidity in exchange for stablecoins
KYC-verified entities that match orders with suitable Providers and coordinate fulfillment
Paycrest exists to bridge the gap between digital assets and real-world financial systems, especially in underbanked and high-friction economies. Our long-term vision includes:
Modular Architecture
Storage, KYC, and execution may occur across different chains and systems
Multi-Chain Support
Beginning with Ethereum L2s and expanding to modular chains and app-specific rollups
Embedded Compliance
User-friendly KYC and attestation flows
Zero-Fee Experience
Protocol fees borne by Providers, not senders
Ready to integrate with the Paycrest protocol? Choose your path:
Learn how to create payment orders and integrate with the Paycrest API
Set up a provider node to supply liquidity and earn fees
Paycrest serves a wide range of industries and use cases:
Crypto Businesses
Traditional Businesses
Financial Services
Gaming & Entertainment
Enterprise Solutions
Paycrest supports a growing list of currencies across multiple regions, with new currencies and delivery channels added regularly.
Our currency support is constantly growing. For the most up-to-date list of supported currencies and delivery channels, check our Supported Currencies page or use the GET /currencies API endpoint.
All participants undergo identity verification
Audited Gateway contracts with escrow functionality
Protocol changes require multi-signature approval
Built-in support for regulatory requirements
Paycrest is designed for both Web3-native users and those who may never need to know they’re using crypto. The protocol abstracts away the complexity of blockchain technology while maintaining the benefits of decentralization.
Paycrest is evolving from a federated protocol to a fully decentralized, permissionless network. Here’s what’s live and what’s coming next:
Current: Offramp Protocol
Q3 2025: Onramp Launch
Support for onramp (fiat-to-stablecoin) flows
Onchain KYC (2025+)
Full Decentralization & P2P Networking
Currently, Paycrest operates a single aggregator. In the future, the protocol will support multiple aggregators and full decentralization. See the Roadmap above for details.