We compare published charges across more than 20 stablecoin payment services, including consumer transfers, business payments and the cost of converting digital dollars into bank money.
Pricing research checked: 4 October 2026
A stablecoin transfer with no advertised fee can still include a charge in the exchange rate.
PayPal’s Xoom, for example, offers eligible PYUSD-funded transfers without a transfer fee, but says payments received in another currency use an exchange rate that includes a spread. (READ MORE: PayPal’s explanation of PYUSD-funded Xoom transfers)
Other services charge separately for buying stablecoins, processing payments and withdrawing money to a bank account, with possible network and partner fees along the way. (READ MORE: Ramp Network’s pricing policy)
For someone sending money abroad, the useful comparison is the total amount paid against the amount the recipient can actually spend.
We reviewed providers’ public pricing pages, help centres and published transaction examples.
These are published fees and illustrations, not locked transfer quotes or the results of completed test payments.
Where a provider publishes a charge for only one stage of a transfer, we identify that stage rather than presenting it as the full cost.
How to Compare Stablecoin Transfer Costs
The World Bank’s remittance-price methodology includes both the transfer fee and the exchange-rate margin when assessing the cost of sending money. (READ MORE: World Bank remittance-pricing methodology)
We would apply that approach to the complete stablecoin payment journey:
Money paid in → stablecoins purchased or credited → payment sent → currency converted → money available to the recipient.
Not every service exposes each stage to its customer.
Félix uses USDC behind the scenes for US-to-Mexico transfers, with pesos delivered through Mexico’s banking infrastructure, rather than requiring the recipient to manage a crypto wallet. (READ MORE: Circle’s case study on Félix’s USDC payment route)
By contrast, a payroll payment delivered as USDC leaves the recipient holding stablecoins unless they arrange a separate conversion or withdrawal.
Bitwage’s pricing distinguishes stablecoin payouts from payments into conventional bank accounts. (READ MORE: Bitwage’s payout fees)
The tables below are grouped by service type, not ranked from cheapest to most expensive.
A wallet deposit fee, a complete remittance charge and a merchant processing fee do not buy the same service.
Consumer Transfers and Digital-Dollar Accounts
This first group covers services used to send money, receive overseas earnings or move balances between a wallet and a bank.
The published charge is shown alongside the part of the transaction it covers.
| Provider and service | Published fee or pricing information | What to check before comparing |
|---|---|---|
| Xoom / PayPal PYUSD | Zero Xoom transfer fee for eligible PYUSD-funded payments on the routes listed in its fee schedule. (READ MORE: Xoom’s fee-free transfer conditions) | The PYUSD funding option is described for US users, and foreign-currency payments include an exchange-rate spread; do not interpret the fee waiver as a zero-cost currency conversion. (READ MORE: PYUSD funding and FX conditions) |
| Félix | US-to-Mexico transfers: $2.99 to a bank account or $4.98 for cash collection at participating stores. (READ MORE: Félix’s Mexico transfer prices) | Compare the quoted pesos received, not just the dollar fee; we did not establish a fixed published FX margin against the mid-market rate. |
| ARQ | A flat $3 for US ACH transfers, and €3 for European transfers, with some paid-plan allowances. (READ MORE: ARQ’s US transfer charges; European transfer charges) | Check whether you are paying to receive money, send it, or both; obtain the local-currency conversion rate separately. |
| Airtm | Receiving ACH payments into a US Virtual Account: 0.50% for Argentina, 0% for Brazil and 1.75% for the schedule’s “other countries” category, with separate rates for certain markets. (READ MORE: Airtm’s country-specific receiving fees) | These are account-funding charges; local cash-out can involve service, peer and other transaction charges reflected in the net rate. (READ MORE: How Airtm calculates its net exchange rate) |
| Takenos | Its standard schedule lists 1% for USDT withdrawals and 1% for USD ACH withdrawals, rising to 3% for Argentine users; funding-source concessions can apply. (READ MORE: Takenos withdrawal charges) | Confirm the charge for your country, funding source and destination currency rather than applying the lowest listed rate to every withdrawal. |
| Morse | Free transfers between Morse users and no deposit fee for USDC, EURC or USDG received on Solana; other token and network combinations can attract fees. (READ MORE: Morse’s wallet transfers and deposit fees) | These fee-free services do not establish the cost of delivering local currency to an external bank account; check the bank payout quote. |
Readers searching for Sling Money should note that the service rebranded as Morse in April 2026. (READ MORE: Morse’s rebranding announcement)
A flat charge can favour larger transfers, but its significance depends on whether further charges follow.
For illustration, a $3 fee equals 1.5% of a $200 payment but 0.3% of a $1,000 payment.
That calculation describes the fee alone, not the cost of buying digital dollars or converting them into the recipient’s currency.
Buying Stablecoins and Withdrawing to a Bank
These providers can supply part of a transfer route, but their purchase, trading or withdrawal price should not be mistaken for an end-to-end remittance quote.
In particular, check whether the service supports payments to another person or only movement between your own accounts.
| Provider | Published charge | Additional considerations |
|---|---|---|
| Mt Pelerin | For annual volume in its CHF500-4,999 equivalent band, bank-funded purchases and bank cash-outs carry a 1.3% commission, while card purchases cost 3.8%; different volume bands have different rates. (READ MORE: Mt Pelerin’s full pricing schedule) | The applicable commission covers the whole transaction, not just the amount above a threshold; delivery, blockchain and intermediary-bank charges can apply separately. (READ MORE: Thresholds and additional transfer costs) |
| Ramp Network | Manual bank transfers: processing fees up to 1.40%; USD, EUR and GBP card payments: up to 3.9%, with minimum fees of up to €2.49. (READ MORE: Ramp Network’s processing charges) | Network charges and an integrating partner’s fee may be additional; the quoted price depends on the transaction and jurisdiction. (READ MORE: Ramp’s quote calculation and partner fees) |
| Transak | Its help centre lists SEPA purchases at 0.99%, minimum €1, and SEPA sales at 0.60%, minimum €3. (READ MORE: Transak’s purchase and sale fees) | The same document describes a 2.5% exchange-rate spread separate from its transaction fee, with possible third-party costs; the processing percentage is therefore not an all-in price. (READ MORE: Transak’s spread disclosure) |
| MoonPay | Its USDT sale page advertises bank-transfer fees as low as 1% and 4.5% for Visa card payouts. (READ MORE: MoonPay’s USDT cash-out pricing) | These are advertised sale charges, not a guaranteed price for every customer; compare the final bank or card credit and the exchange rate. |
| Kraken | Standard entry-tier trading fees for eligible stablecoin and FX order-book pairs are 0.20% for both maker and taker orders, with separate schedules for certain assets. (READ MORE: Kraken’s stablecoin and FX trading fees) | This is a trading fee; include the executed exchange rate and any funding, blockchain withdrawal or bank withdrawal charges in a transfer comparison. |
| Coinbase | Where USDT withdrawals are available, Coinbase lists a 0.01% processing fee, capped at 20 USDT, plus a separate network fee. (READ MORE: Coinbase’s withdrawal disclosures) | Buying, selling, converting and cashing out can carry other charges; the USDT withdrawal percentage does not describe the full cost of sending bank money abroad. (READ MORE: Coinbase’s trading fees and spreads) |
Funding in pounds deserves particular attention.
Mt Pelerin’s schedule identifies SWIFT-related bank charges for GBP transfers, whereas eligible EUR SEPA transfers have no listed bank-transfer fee from Mt Pelerin. (READ MORE: Mt Pelerin’s currency-specific banking charges)
That does not automatically make converting pounds into euros first worthwhile.
Any extra conversion would need to be included in the comparison.
Business Payments, Payroll and Supplier Transfers
Business services may charge for software access, account funding and payment processing separately.
Request Finance, for example, combines subscriptions with transaction charges, so its fee-free stablecoin payouts cannot be assessed without considering the account plan. (READ MORE: Request Finance’s subscription and transaction pricing)
| Provider | Published fee | Scope and qualification |
|---|---|---|
| Bitwage | Standard USDC payroll payouts: 2% on Stellar or 2% plus $15 on Ethereum; its schedule says USDC payouts are unavailable to US users. (READ MORE: Bitwage’s stablecoin payroll fees) | The recipient receives stablecoins; allow separately for any funding charge and subsequent conversion into spendable bank money. |
| Request Finance | Stablecoin payouts have no processing fee; fiat payouts cost 0.5% plus $10 for listed local banking routes or $30 for SWIFT; the Basic plan is advertised at $250 per month, billed annually. (READ MORE: Request Finance’s published prices) | Funding fees also apply to some methods, including 0.30% for USD fiat and USDT top-ups; USDC top-ups are listed as free. (READ MORE: Business-account funding fees) |
| Yellow Card | Its business payment API lists Nigerian bank payouts at NGN100, Kenyan mobile-money payouts at 1.5%, minimum KES150, and South African EFT payouts of ZAR200-60,000 at 0.25%, minimum ZAR10. (READ MORE: Yellow Card’s country-by-country payout fees) | These are local payout charges; obtain the stablecoin conversion rate and any collection or platform costs separately. |
| XEROF | Its indicative entry-tier stablecoin conversion fee is 1%, with a further 0.25% for fiat payouts to a beneficiary other than the customer; higher-volume tiers have lower conversion fees. (READ MORE: XEROF’s conversion and third-party payout schedule) | XEROF says it passes through institutional liquidity prices without an added FX markup; that is not a guarantee of the mid-market rate, and terms are confirmed during onboarding. (READ MORE: XEROF’s FX pricing and conditions) |
| CoinGate | Standard crypto payouts cost €0.50 plus 0.5%, or €0.50 plus 1.5% when conversion is involved. (READ MORE: CoinGate’s business payout fees) | Its separate payment-acceptance fee is 1%; distinguish paying a supplier from collecting a customer invoice before applying either rate. (READ MORE: CoinGate’s acceptance and payout schedules) |
Local minimum charges can matter on small transfers.
Using Yellow Card’s Kenyan schedule, a KES5,000 mobile-money payout attracts the KES150 minimum rather than the KES75 produced by a straight 1.5% calculation, making the payout charge equivalent to 3%. (READ MORE: Yellow Card’s minimum payout charges)
That remains only the local payout cost.
Accepting Stablecoins for an Invoice or Online Purchase
A merchant acceptance charge is relevant when a customer pays an overseas business, but it should not be presented as the price of a person-to-person remittance.
The following examples show what the receiving business pays for processing.
| Provider | Published fee or customer example | What the figure represents |
|---|---|---|
| Stripe | Stripe’s Shadeform case study reports a 1.5% stablecoin acceptance fee, with Stripe handling processing and conversion into fiat. (READ MORE: Stripe’s published customer example) | A documented merchant example, not a guaranteed fee for every Stripe product, country or contract. |
| BitPay | Monthly processing below $500,000: 2% plus $0.25; $500,000-999,999: 1.5% plus $0.25; at least $1 million: 1% plus $0.25, with higher-risk industries potentially charged more. (READ MORE: BitPay’s merchant pricing bands) | Merchant acceptance pricing; the customer’s cost of obtaining and sending the stablecoins is separate. |
| NOWPayments | Its invoice FAQ lists deposit service fees starting at 1% for single-currency payments and 1.5% for multi-currency payments, with eligible-partner discounts. (READ MORE: NOWPayments’ invoice fee disclosure) | Confirm the current account-specific rate and network costs; discounted partner pricing is not the standard price for every merchant. (READ MORE: NOWPayments’ service and network charges) |
For an illustrative $1,000 transaction, a 1.5% processing fee is $15, while 2% plus $0.25 is $20.25.
Neither calculation includes the payer’s stablecoin purchase costs.
Worked Examples: What the Published Fees Mean
The examples below deliberately stop at the point supported by the provider’s documentation.
They are not quotes for identical transfers between the same countries.
Buying stablecoins with £1,000 through an integrated wallet
Transak publishes an example comprising a £10 wallet-partner fee, a £9.90 Transak fee and a £0.59 network charge on a £1,000 bank-funded purchase. (READ MORE: Transak’s published £1,000 example)
Those listed charges total £20.49, leaving £979.51 to convert, before assessing the exchange rate or any later transfer and cash-out costs. (READ MORE: The example’s fee calculation)
This is the provider’s illustration, not a current quote obtained for an ERUK test transfer.
Receiving $1,000 through a stablecoin payroll service
Applying Bitwage’s standard USDC schedule gives a fee component of $20 on Stellar or $35 on Ethereum for a $1,000 payout. (READ MORE: Bitwage’s network-specific payout charges)
The $15 difference relates to that provider’s payout schedule, not necessarily the difference in the blockchains’ underlying transaction costs.
Making a $1,000 business payment to a bank account
Request Finance’s listed 0.5% payout fee plus a $10 local banking charge produces a $15 transaction charge on a $1,000 payout, before allocating subscription costs or adding applicable funding charges. (READ MORE: Request Finance’s fiat payout calculation)
A business making many payments can spread its subscription across them, while a company making one occasional payment cannot.
A platform and its integrating partner can both charge
Mural Pay’s developer documentation provides a 10,000 USDC payout example with a 0.4% platform exchange fee and a 0.5% developer fee, producing 90 USDC in combined fees and a stated $9,910 recipient payout. (READ MORE: Mural Pay’s payout-fee example)
Those percentages are illustrative, not a universal Mural tariff; its service agreement places customer fees in the applicable order form. (READ MORE: Mural Pay’s contractual pricing terms)
This is a useful question for any app using another company’s payment infrastructure: does the quote include both companies’ charges?
Exchange-Rate Margins Can Outweigh the Transfer Fee
Providers disclose currency-conversion costs in different ways.
Bitwage explicitly lists a 1% FX spread on non-USD local-currency payouts, separate from its other applicable payout charges. (READ MORE: Bitwage’s local-currency pricing)
Transak’s help centre describes a 2.5% spread in its quoted exchange rate, alongside separate processing fees. (READ MORE: Transak’s exchange-rate methodology)
BVNK’s EU pricing policy describes an all-in conversion rate consisting of its sourced market rate plus a commercially agreed percentage or fixed fee, rather than publishing one standard margin for all customers. (READ MORE: BVNK’s conversion pricing policy)
A claim of “no added FX markup” also needs a reference rate.
XEROF says it passes through the price obtained from institutional liquidity providers, which is a different statement from promising the midpoint between market buying and selling prices. (READ MORE: XEROF’s explanation of its exchange rates)
For illustration, assume a $1,000 total budget and a benchmark exchange rate of MXN18 per dollar.
A provider charging no transfer fee but offering MXN17.82 would deliver MXN17,820.
Another charging $5, deducted from the same budget, while offering MXN18 would deliver MXN17,910.
The second option delivers MXN90 more despite displaying a transfer fee.
These are hypothetical rates, not quotes from any provider in this article.
A useful calculation is:
Overall cost percentage = 100 × [1 – recipient’s final amount ÷ (total sender payment × benchmark exchange rate)].
Use a benchmark taken at the same time as the quote, include every sender-side charge in the payment total and deduct recipient-side withdrawal charges from the amount received.
Availability, Timing and Protection Matter Too
An internationally accessible app does not necessarily provide the same payment methods in every country.
Transak says eligibility depends on identity checks, supported residency and the availability of the chosen service in the customer’s jurisdiction. (READ MORE: Transak’s eligibility and payment-method conditions)
Fast blockchain settlement also does not guarantee immediate bank funding or cash-out.
Airtm’s US Virtual Account documentation gives an ACH receiving period of one to five business days, demonstrating that a stablecoin-related payment can still include a conventional banking delay. (READ MORE: Airtm’s funding times)
Before comparing prices, establish whether the recipient wants a stablecoin balance, money in a bank account or cash.
Then check the permitted beneficiary, supported token and network, transaction limits, expected arrival time and complaint process.
The stablecoin itself introduces risks beyond the transfer fee.
Circle’s USDC terms describe conditions on direct redemption, the possibility of address blocking and the absence of a guarantee that third-party markets will always price USDC at one dollar. (READ MORE: Circle’s USDC terms and risk disclosures)
UK customers should not assume that holding cryptoassets brings the same compensation protection as an eligible bank deposit; the FCA warns that direct cryptoasset holdings are not FSCS-protected. (READ MORE: FCA consumer warning)
Which Stablecoin Transfer Is Cheapest?
The public schedules do not support naming one provider as the cheapest across all countries, amounts and payment methods.
For a family remittance, compare the exact local-currency amount received after every charge.
For a freelancer, include the cost of receiving earnings and converting them into usable money.
For a business, add subscriptions, funding charges and any intermediary fee to the payment price.
A route that ends with stablecoins in a wallet is a different service from one that ends with cash in the recipient’s hand.
We would shortlist only providers that support the required journey, then obtain quotes for the same amount, funding method and destination at the same time.
That comparison will be more useful than choosing the smallest percentage in a pricing table.
Important information: This article compares published payment charges and is not a recommendation to buy or hold stablecoins.
Prices, exchange rates, eligibility and service availability can change, and a published example may differ from your final quote.
Stablecoins and crypto payment services can involve issuer, custody, liquidity and operational risks, including loss of value or access to funds. (READ MORE: USDC risk disclosures)
Check the provider’s current terms, the total recipient payout and the protections applying to your particular service before transferring money.