Stablecoin-to-fiat settlement for large transfers
BKJ Global Payout is a cross-border settlement solution for businesses and individuals who hold stablecoins and need to deliver local fiat currency to recipients in other countries. It covers mining revenue settlement, cross-border trade, overseas investment and international education expenses. Each transaction is processed between USD 100,000 and USD 1,000,000.
BKJ's compliance infrastructure underpins every Global Payout transaction. BKJ holds Hong Kong MLL, Hong Kong TCSP, US MSB and Canada MSB registrations, and is PCI DSS v4.0.1 certified. Global Payout is the business settlement product within the BKJ platform, while BKJ Card serves individual users.
Cross-border payment scenarios where it applies
| Use case | Who it applies to | The problem | How Global Payout solves it |
|---|---|---|---|
| Mining operations | Crypto mining businesses | Mining proceeds accumulate in crypto; procurement and operating costs require local currency in multiple countries | Converts mining revenue into target currencies for procurement and operational expenses |
| Cross-border trade | Importers, exporters, cross-border e-commerce | Overseas suppliers require local currency; manual FX through banks is slow and costly | Converts USDT or USDC into the supplier's local currency directly |
| Investment and immigration | Individuals and businesses making large overseas capital transfers | Property purchases and large settlements require compliant local currency delivery | Converts stablecoins into the target country's currency for property, immigration bonds and investment |
| Children's education | Families supporting dependents studying abroad | Tuition, rent and living expenses require regular local currency across countries | Converts stablecoins into USD, EUR, GBP and other currencies for direct payment to institutions |
These scenarios share a structure: the sender holds stablecoins; the recipient requires local fiat currency in a bank account in another country. Capital movements of this type regularly reach or exceed the USD 100,000 threshold.
How a Global Payout settlement works
A settlement follows a three-stage flow. The sender deposits USDT or USDC into their Global Payout account on a supported network. The platform converts the stablecoin into the target fiat currency at a real-time exchange rate. The converted funds are delivered directly to the recipient's bank account in the target country.
The recipient does not need to hold crypto or interact with any blockchain infrastructure — they receive local currency in their existing bank account, provided it is denominated in one of the 14 supported currencies. Because blockchain transactions are generally irreversible, verifying the recipient's bank details and the correct deposit network before initiating a transfer is essential.
Supported currencies, stablecoins and parameters
| Parameter | Details |
|---|---|
| Supported fiat currencies | USD, EUR, GBP, SGD, AUD, CAD, HKD, JPY, NZD, NOK, SEK, CHF, THB, VND |
| Supported stablecoins | USDT, USDC |
| Supported networks for USDT | ERC-20, TRC-20 |
| Supported networks for USDC | ERC-20 |
| Minimum transaction size | USD 100,000 per transaction |
| Maximum transaction size | USD 1,000,000 per transaction |
| Exchange rates | Real-time quotes; check BKJ official pages for current rates |
| Processing times | Check BKJ official pages for current processing times |
The USD 100,000 minimum is the primary self-qualification threshold. Businesses or individuals with regular transfer volumes below this amount should evaluate alternative settlement or wire transfer options.
Who Global Payout is designed for
- Transaction scale: USD 100,000 to USD 1,000,000 per transaction.
- Recipient bank infrastructure: a bank account in one of the 14 supported currencies.
- Jurisdictional compatibility: available where stablecoin-to-fiat settlement is permitted in both jurisdictions.
- Stablecoin availability: USDT on ERC-20 or TRC-20, or USDC on ERC-20.
What to complete before the first transaction
- KYB verification: covers business registration, ultimate beneficial owners and source of funds.
- Confirm recipient bank details in one of the 14 supported currencies.
- Confirm the correct deposit network — depositing on an unsupported network can cause settlement failure.
- Verify regulatory status in both jurisdictions, ideally with legal or compliance counsel.
Key takeaways
- Global Payout is a stablecoin-to-fiat settlement product for transfers of USD 100,000 to USD 1,000,000.
- It converts USDT or USDC into one of 14 currencies and delivers to the recipient's bank account.
- KYB is required for all business accounts before services become accessible.
- Recipient bank details, deposit network and regulatory status must be confirmed before the first transaction.
FAQ
What is BKJ Global Payout?
A stablecoin-to-fiat settlement product that converts USDT or USDC into local currency and delivers it to the recipient's bank account in the target country. It covers mining revenue settlement, cross-border trade, overseas investment and international education expenses, with each transaction between USD 100,000 and USD 1,000,000.
What are the minimum and maximum transaction sizes?
The minimum is USD 100,000 per transfer and the maximum is USD 1,000,000 per transfer. These define the scale at which Global Payout operates most effectively.
Which currencies and stablecoins does it support?
Settlement into 14 fiat currencies: USD, EUR, GBP, SGD, AUD, CAD, HKD, JPY, NZD, NOK, SEK, CHF, THB and VND. Supported stablecoins are USDT on ERC-20 and TRC-20, and USDC on ERC-20.
How does a business get started?
Complete KYB verification through BKJ's business onboarding. Once approved, confirm recipient bank details and deposit network before the first settlement. Check BKJ official pages for current requirements and rates.