Tesser partners with multiple liquidity providers, also known as on/off ramps, to provide conversion capabilities between stablecoins and fiat currencies.
Geographic Coverage
Tesser can tap into liquidity in any region through a global provider network. We activate new corridors with short turnaround based on customer demand.
Need coverage in another region? Contact us and we can quickly add support for additional markets.
Onboarding Experience
- If your organization has any existing provider integrations, for example, Circle for USDC, we will reuse those.
- For a new provider, where possible, Tesser provides an embedded onboarding experience. For embedded onboarding, your organization will not have to contract with the liquidity provider or proceed through their onboarding flows. Instead, Tesser will use information already collected about your organization and request any additional information needed through the Tesser dashboard or API.
On-Ramping
When making a fiat payout to a beneficiary, on-ramps will be typically be used to convert fiat to stablecoins:
- Depositing instructions: Tesser will generate and communicate instructions specific to each deposit for you to follow. The supported funds delivery mechanisms to an on-ramp are dependent on the local market; on-ramps typically accept push methods (e.g. ACH credit or Wire in the U.S.)
- Same-Day Settlement: Fast conversion for operational efficiency. *Settlement timing is dependent on the local market and may only be available during business hours
- Competitive Rates: Institutional-grade FX rates
- Automated Processing: Scheduled conversions based on payment needs
- Funds distribution: On-ramped funds can be deposited into one or more wallets that you specify during the deposit instruction process
Off-Ramping
As part of Treasury management, your organization may off-ramp funds back into your local fiat currency based on adjusted forecasts.
When making a fiat payout to a beneficiary, off-ramps in the destination country will be used to convert stablecoins to the local fiat currency:
Payout Methods to Beneficiaries
Currently available:
- Bank Transfers: Direct deposit to recipient bank accounts
- Digital Wallets: Local e-wallet integrations
Coming soon:
- Mobile Money: Integration with mobile payment systems (under development)
- Cash Pickup: Physical cash collection points (under development)
Key Benefits
- Competitive Rates: Market-leading conversion rates
- Real-time funds delivery: When real-time payment methods are available in the local market, funds can be delivered to recipients instantly
- Detailed Reporting: Complete reconciliation data for all conversions