TL;DR
- Due, a global payments solution on Starknet, enables fast, low-cost cross-border transactions in over 80 countries.
- It supports multiple fiat currencies and stablecoins including USDC, EURC, and USDT, offering virtual multi-currency accounts for businesses and individuals.
- Transactions settle in under 24 hours for fiat and instantly for stablecoins, providing a seamless, secure, and accessible alternative to traditional banking and wire transfers.
Starknet is expanding its ecosystem with the launch of Due, a versatile payments platform designed to simplify global financial transactions. Built on top of interoperable blockchains and stablecoins, Due allows individuals and businesses worldwide to send and receive money as if they were local, with support for more than 30 fiat currencies and instant stablecoin settlements. The platform also enables users to track their payments in real time, giving businesses greater control over cash flow and helping them optimize financial planning.
Due integrates seamlessly with Starknet wallets such as Braavos and Ready, and developers can access its API for on- and off-ramps, cross-border payments, remittances, and business payment solutions. The platform also supports local payment rails like ACH in the U.S., SEPA in Europe, and Pix in Brazil, enabling fast, cost-effective transfers across borders.
Virtual Multi-Currency Accounts Enhance Financial Flexibility
Due provides users with virtual accounts in USD, GBP, EUR, MXN, and more, allowing funds to flow directly between fiat and stablecoins. These accounts eliminate the need for local bank accounts while enabling users to receive payments locally. Businesses and individuals can leverage this feature for both personal and commercial transactions, benefiting from real-time monitoring, automated KYC/KYB checks, and SOC 2-grade security. The addition of local account details in multiple currencies allows companies to expand into new markets quickly and without friction.
Low Fees And Instant Stablecoin Settlements Redefine Payments
Due’s fee structure is designed to be significantly lower than traditional services, averaging 0.2-0.5% compared to the typical 4-6% for conversion rates. Wire transfers cost five to ten times less than standard options, and USDC transfers are completely free. Stablecoin swaps between USDC and USDT occur at a 1:1 rate with zero slippage. Users can also manage multiple digital currencies through non-custodial wallets secured by biometric access, bridging traditional finance with the flexibility of crypto.
With Due, Starknet users can now experience frictionless cross-border payments, bridging the gap between fiat and digital currencies. Funds can be settled in less than 24 hours for fiat transactions or instantly for stablecoins, providing a reliable, cost-efficient, and secure solution for global money movement.
