A few months ago, we started Fluidcoins with a major purpose: Building tools for businesses to enter the crypto economy!.

This means we aren’t just a crypto/stablecoin payment processor. As such, we aim to be the entry point for every African business into the Web3 space while simultaneously extracting as much value as possible for them. 

Today, we are happy to announce the general availability of a new feature we are calling Liquidity.

With Stablecoins liquidity, we are providing an easy route for businesses to convert their local currency ( e.g Naira ) to any supported Stablecoins ( USDC, USDT, BUSD ) and vice-versa at zero fees.

We launched this feature around 5 weeks ago with a few businesses. During this period, we have been able to provide over $300K to these businesses.

To learn more about Stablecoins and why they are so important, please read our recent article.

Who Is It For?

• For Small Businesses: Businesses that cannot afford to go through the documentation required to create a DOM account but need to hedge their money in US dollars. Stablecoins are pegged to the US dollars and are generally accessible to small businesses.

• For Fintechs: It is the best option for Fintech companies that want a simple way to embed stablecoins in their products.

• For Large Businesses: Companies that want to maintain a significant portion of their balance sheet in USD but are also seeking cheap, fast, and accessible liquidity.

What do I need to get started?

This feature is available to all merchants. The only thing you need to do is submit KYC documentation. Our compliance team will review it and approve your account (or contact you if further information is needed). Get started here.

Can I access Stablecoins liquidity via API?

Yes, you can use our API to convert Stablecoins to Naira and vice-versa. Find our API docs here.

You can learn more on the product page. If there are any questions/suggestions, please send an email to [email protected].