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How it works underneath

Stablecoin is the rail. Not the product.

Your company receives and pays in local currency. Between one end and the other, the funds cross the border as stablecoin, and that is what makes settlement in minutes possible, at any hour of the day or week.

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The path of the money

Four steps, a single operation for you.

01
Pay-in
Your customer pays in local currency

They transfer to an account in your company's name, through their country's rail: ACH or Wire in the United States, SEPA in Europe, PIX in Brazil, SPEI in Mexico, Faster Payments in the United Kingdom, Bre-B in Colombia. For the payer, it is an ordinary bank transfer.

02
Conversion
The funds become stablecoin

An authorized partner converts the funds received into USDT or USDC, stablecoins pegged to the dollar. You see the quote and the spread before you confirm. This is where the money stops depending on any country's banking hours.

03
Crossing
The border is crossed in minutes

The transfer happens on a public network, recorded on-chain: origin, destination, amount and time. There is no correspondent bank in the middle adding days and fees, and the network does not close on weekends.

04
Payout
Arrives in local currency, in the usual account

On the other side, the stablecoin is converted into the destination currency and lands through a local banking rail. Your supplier, subsidiary or team receives in an ordinary account, with no wallet and no need to know a stablecoin was ever in the path.

Versus traditional FX

What changes in practice.

The comparison is not with another broker. It is with the path your company uses today to send and receive money from abroad.

Traditional FXWith Lexxen
Operating hoursBanking hours, business days24/7, including weekends and holidays
Time to destination1 to 5 business daysSettlement in minutes, depending on the rail
IntermediariesA chain of correspondent banksLocal rail on the way in and on the way out
PriceSpread and fees known at closingQuote and spread on screen before you confirm
TrackingAsk each bank in the chainEnd-to-end status on the same statement
No euphemisms

A means of payment, not an investment.

If your accountant opens this page, this is what they need to conclude in two minutes.

What the stablecoin is, here
  • A settlement rail available 24 hours a day, every day
  • Pegged to the dollar, maintained by the stablecoin issuer
  • An operating balance, which exists to become a payment on the other end
  • Movement recorded on-chain and reflected on your statement
What it is not
  • Not an investment: Lexxen does not recommend buying virtual assets
  • No yield, no appreciation and no promise of return of any kind
  • Not an interest-bearing account, a financial investment or a treasury product
  • Not your business's currency: you invoice, receive and pay in local currency
What you need to know

The risks, stated up front.

Operating with virtual assets carries risk. We would rather you read it here, before signing up, than find out later.

The peg can break

Stablecoins aim to hold a value equivalent to the dollar, but that peg is not guaranteed. There have been cases, in the global market, of temporary or permanent de-pegging.

Transactions are irreversible

A transfer confirmed on a public network cannot be reversed. A wrong address is a permanent loss. That is why the destination is always validated before execution.

No FGC guarantee

Virtual assets are not bank deposits and are not covered by the Brazilian deposit guarantee fund (FGC), nor by central bank prudential supervision.

The full list is in the Crypto Asset Risk Notice, a public document that forms part of the Terms of Use and must be read before your first operation.

Read the Risk Notice
Who does what

Lexxen is the technology. Not the bank.

Accounts, FX, custody and card issuance are provided by partner institutions authorized by their respective regulators. Lexxen develops and operates the platform that connects those services in a single interface, and is not a financial institution, a payment institution, a card issuer or a virtual asset service provider.

Terms of UsePrivacy PolicyRisk Notice

Does it make sense for your operation?

Tell us where the money comes from and where it needs to go. You leave the conversation with the corridors, the price and the limits for your case.

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