What is Stablecoin Swap?
UQPAY Crypto supports instant swaps between supported stablecoins, allowing you to convert between USDT, USDC, and XUSD directly within your UQPAY account — no external exchange needed.
Supported Swap Pairs
From | To | Supported |
USDT | USDC | ✅ |
USDT | XUSD | ✅ |
USDC | USDT | ✅ |
USDC | XUSD | ✅ |
XUSD | USDT | ✅ |
XUSD | USDC | ✅ |
How to Swap
Go to Crypto, open the Exchange panel and select Convert.
Select the source token (e.g., USDT) and the target token (e.g., USDC).
Enter the amount you wish to convert.
Review the exchange rate and any applicable fees.
Confirm the swap.
Key Details
Processing: Swaps are processed instantly within your UQPAY account.
Rate: Stablecoin swaps are executed at near 1:1 rate, with a small spread or fee displayed before confirmation.
No network fees: Since swaps happen within UQPAY's internal ledger, there are no blockchain gas fees.
Availability: Swaps are available 24/7.
Use Cases
Treasury management: Rebalance between stablecoins based on your business needs.
Withdrawal optimization: Swap to the token with the lowest withdrawal fees on your preferred network.
Client requirements: Convert to the stablecoin your client or partner prefers to receive.
FAQ
Is there a minimum swap amount?
Check your dashboard for the current minimum swap amount.
Are there fees for swapping?
A small fee or spread may apply. The exact amount is shown before you confirm the swap.
Can I swap and withdraw in one step?
Currently, swap and withdrawal are separate actions. First swap to your desired token, then initiate a withdrawal.