---
title: "Onswitch: Stablecoin Settlements"
description: "Accept USDC/USDT on 9+ chains via API, checkout or payment links, then convert and settle to 30+ local currencies by bank transfer."
canonical_url: "https://liners.com/onswitch"
markdown_url: "https://liners.com/onswitch.md"
type: "product"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/tools/onswitch/screenshot.webp?v=1791368139743"
published_at: "2026-10-07T10:42:17.544Z"
updated_at: "2026-10-09T16:31:57.541Z"
---

# Onswitch: Stablecoin Settlements

Accept USDC/USDT on 9+ chains via API, checkout or payment links, then convert and settle to 30+ local currencies by bank transfer.

## Breadcrumbs

- [Crypto & Web3](/categories/crypto-web3)
- [Switch](/onswitch)

## Summary

Collect stablecoins and settle to local bank accounts

A stablecoin collection and settlement service for businesses to accept USDC and USDT, convert funds, and pay out to 30+ local currencies by bank transfer.

## Product details

| Field | Value |
| --- | --- |
| Website | https://onswitch.xyz/ |
| Tagline | Collect stablecoins and settle to local bank accounts |
| Primary country | Nigeria |
| Platforms | Web, API |
| Average rating |  |
| Published reviews | 0 |
| Verified listing | No |

## About the product

Switch is a **stablecoin collection and settlement layer** for businesses that need to accept stablecoin payments and receive **local-currency bank payouts**.

Key capabilities include:
- **API-based deposit collection**: Create unique deposit addresses via a REST API call, specify the **stablecoin and chain**, and receive **webhooks** for deposit status changes (documentation at https://docs.onswitch.xyz/).
- **Checkout widget and payment links**: Embed a prebuilt checkout in an app or share a link so customers can pay in stablecoins while the business receives local currency.
- **Multi-chain, multi-currency settlement**: Supports stablecoins including **USDC** and **USDT** (the site also lists **CNGN**) across **9+ blockchain networks**, including **Ethereum, Base, Solana, Arbitrum, Optimism, Polygon, and Tron**, then converts and settles to **30+ local currencies** by bank transfer.
- **Business onboarding and controls**: Uses **KYB verification** for onboarding, and states it applies **AML/CFT monitoring** and risk controls; the site notes payment services are provided by licensed financial institutions and banking partners.

Available via **Web (business console)** and **API**.

Targeted at **B2B teams** building stablecoin acceptance, on-chain payment collection, and fiat settlement into invoicing, checkout, and payout flows.

Notable for African use cases, it highlights settlement support for currencies such as **NGN, GHS, KES, ZAR, XAF, XOF, and RWF**, helping businesses collect stablecoins globally and pay out to local bank accounts in supported currencies.

## Features

- [Crypto & Web3](/categories/crypto-web3): Category
- [B2B](/tags/b2b): Product feature or technology
- [Cross-Border Payments](/tags/cross-border-payments): Product feature or technology
- [Multi-currency](/tags/multi-currency): Product feature or technology
- [Payment Gateway](/tags/payment-gateway): Product feature or technology
- [Stablecoins](/tags/stablecoins): Product feature or technology
- [Benin](/countries/benin): Market
- [Burkina Faso](/countries/burkina-faso): Market
- [Cameroon](/countries/cameroon): Market
- [Côte d'Ivoire](/countries/cote-divoire): Market
- [DR Congo](/countries/dr-congo): Market
- [Egypt](/countries/egypt): Market
- [Ethiopia](/countries/ethiopia): Market
- [Gabon](/countries/gabon): Market
- [Gambia](/countries/gambia): Market
- [Ghana](/countries/ghana): Market
- [Guinea](/countries/guinea): Market
- [Kenya](/countries/kenya): Market
- [Liberia](/countries/liberia): Market
- [Malawi](/countries/malawi): Market
- [Mali](/countries/mali): Market
- [Niger](/countries/niger): Market
- [Nigeria](/countries/nigeria): Market
- [Rwanda](/countries/rwanda): Market
- [Senegal](/countries/senegal): Market
- [Sierra Leone](/countries/sierra-leone): Market
- [South Africa](/countries/south-africa): Market
- [Tanzania](/countries/tanzania): Market
- [Uganda](/countries/uganda): Market
- [Zambia](/countries/zambia): Market

## Related pages

- [Alternatives](/onswitch/alternatives)
- [Reviews](/onswitch/reviews)
- [Transparency](/onswitch/transparency)

## Access and citation

- [Canonical HTML page](https://liners.com/onswitch)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)