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Announcement

Introducing: Crypto Top Ups

Bernie Bilotta
• Publilshed
April 8, 2024

At Stables, we've diligently created a seamless experience for crypto holders to convert their tokens into Stablecoins. After many hours of deliberation and design, we're thrilled to rally behind a concept that excites us all.

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We're proud to announce our latest feature, “Crypto Top Up”.

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"Crypto Top Up" simplifies the conversion process by reducing the number of steps and clicks a user needs to convert their tokens into stablecoins. By depositing a supported token to Stables, an automatic on-chain swap is triggered, which credits your Stables wallet with USDC in seconds.

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How does it work?

We automatically provide an on-chain quote when you opt for "Crypto Top Up" and specify how much of the token you want to deposit. This quote includes an estimate of the USDC you'll receive and the fees involved in the swap.

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These figures are sourced through Socket Tech, which allows us to aggregate several decentralized exchanges and bridges to perform the swap via the most profitable route. 

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The best part is that you won't need gas tokens to complete any of these transactions, as they're all calculated and deducted from your USDC balance.

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Giga brain explainer on how you can turn any crypto token into stablecoins.

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The user experience

Deposit into the same wallet you already know and love.

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Why would I want my token listed on Stables?

We don’t charge any listing fees and only want to collaborate on some cool co-marketing campaigns together!

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As a protocol, it's crucial to recognize that your users will occasionally need liquidity. To access it, they must convert your native token into stablecoins and then off-ramp into fiat.

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Unfortunately, we're noticing that many crypto founders and projects deliberately complicate this process, as they don't want users to sell their tokens.

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We believe there is a better way. Providing an easy and user-friendly method to convert tokens into stablecoins increases trust in your product and encourages further usage and adoption.

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If you’ve read this far and would love to see your token listed, fill out this form, and the team will get back to you!

Ready to get started?

Sign up via the app now.

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Stables powered by Tiiik Pty Ltd ACN 639 448 490 is a registered Digital Currency Exchange (DCE) provider with AUSTRAC - DCE100780083-001. Tiiik is also registered as an independent remittance dealer with AUSTRAC - IND100780083-001

The Stables Card Mastercard® powered by Tiiik Pty Ltd is issued by EML Payment Solutions Limited ABN 30 131 436 532, AFSL 404 131 ("Issuer"), and is managed by Mastercard Prepaid Management Services Australia Pty Ltd ABN 47 145 044, AFSL 386 837. You should consider the Product Disclosure Statement and Target Market Determination for this product located here. Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider if it is appropriate for you.

* Subject to any surcharge that may be imposed directly by merchants. The Stables Card is unable to be used for purchases related to gambling or adult entertainment. Currently the Stables Card cannot be used in the following countries and geographical regions due to sanctions that are currently in place: Crimea, Iran, North Korea, Sudan, Syria, Donetsk and Luhansk. If you attempt to use your card at merchants in any of these countries and geographical regions, your request will be declined. Additionally, all Mastercards will not work at Russian merchants. In addition, the POS terminals are not owned or operated by the Issuer or Mastercard Prepaid Management Services Australia Pty Ltd and the Issuer or Mastercard Prepaid Management Services Australia Pty Ltd are not responsible for ensuring that merchants will accept the Stables Card. For example, the Issuer and Mastercard Prepaid Management Services Australia Pty Ltd cannot control when a POS terminal is due for maintenance or is faulty of if a merchant chooses not to accept the Stables Card. In such cases, your Stables Card may not function properly or be declined. For more information please see the Product Disclosure Statement.

** Some merchants may charge their own fees and set their own limits.

Mastercard® is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.

The Stables Send product is issued by OmiPay Pty Ltd ACN 612 481 768 (AFSL 495025) (“Issuer”) and distributed and administered by Tiiik Pty Ltd trading as Stables (“Stables”) ACN 639 448 490 (AFS Representative No. 001308192). You should consider the Product Disclosure Statement, Financial Services Guide and Target Market Determination for this product located here. Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider if it is appropriate for you."