Process payouts

Set up Borderless and initiate stablecoin-to-fiat payouts from the DFNS dashboard, including bank account verification and recipient management.

This guide walks through connecting a Borderless account and initiating payouts from the DFNS dashboard.

The dashboard currently supports USDC payouts only. For USDT and EURC, or for programmatic access, use the API.

Prerequisites

• A Borderless account with completed KYB verification
• Your Borderless API credentials (a Client ID and Client Secret)
• A DFNS wallet holding USDC on a supported network

Connect Borderless

1. Open the Borderless integration

   In the dashboard, go to Integrations, find the Borderless card, and click Configure.

2. Enter your credentials

   Toggle Activate Borderless Integration, paste your Borderless Client ID and Client Secret, and click Save.

   

Once activated, the “Pay Out” option appears on supported wallet assets.

Initiate a payout

1. Select a wallet and asset

   Navigate to a wallet, select a USDC asset, and click Pay Out.

   
2. Enter amount and destination

   Enter the amount to pay out and select the destination country.

3. Get a quote

   Click Get Quote. The dashboard displays the estimated fiat amount and fees from Borderless.

   
4. Fill payout details

   Provide:

   • Payment purpose: the reason for the payment (e.g. salary payment, service charge)
   • Borderless account: the account paying out funds
   • Payment instructions: the bank account receiving fiat

   
5. Review and confirm

   Review the payout summary, then click Confirm.

   
6. Confirm the transfer

   Once Borderless returns a deposit address, the dashboard prompts you to confirm the on-chain transfer. Click Confirm Transfer to approve.

   

Track status

After confirmation, the payout progresses through the settlement process. See payout statuses for what each status means.

The payout moves to Completed when Borderless confirms fiat has been disbursed to the destination bank account.