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Feature

Send it with Stables

Bernie Bilotta
• Publilshed
May 6, 2024

At Stables, we’re constantly looking for ways to improve the experience of using our app every day. We are very excited to share this latest release as we say goodbye to ‘Withdraw’ and hello to ‘Send’.

Our new Send feature allows our users in over 130 countries to send stablecoins (USDC, USDT, DAI and USDB) to eight different blockchains: Ethereum, Polygon, Base, Blast, Arbitrum, Optimism, Avalanche and Binance Smart Chain.

It's also now home to fiat send, allowing any user to send AUD and PHP to bank accounts and e-wallets to more than 140 million people across Australia and the Philippines.

In addition, we'll soon be adding the ability for you to not only send stablecoins and fiat, but also cryptocurrencies (such as ETH, SOL, MATIC, ARB and more!)

‍

What is Send?

Send is an entirely new experience, replacing ‘Withdraw’ and bringing a whole lot of goodies into the mix.

Send stablecoins to any external wallet address, other Stables users, exchange wallets, or any other crypto wallet you want. Plus, send your family and friends cash in Australia or the Philippines without them even knowing it started as stablecoins. Pretty neat!

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Ready to Send it?

Sending stablecoins:
  1. Make sure your balance is topped up (either via stablecoins or bank transfer).
  2. Tap on ‘Send’ from your Stables dashboard and tap ‘Add a recipient’
  3. Select ‘Wallet address’.
  4. Paste the wallet address and select which stablecoin and blockchain you want to send (just tap on the icons to toggle).
  5. Type in the amount of fiat you wish to send. You can denominate this in your local currency or USDC!
  6. Type a description. Feel free to add some emojis 🫡💀🔥🫠✨🗿
  7. Double check the amount you want to send and the destination, then and tap ‘Confrim’.
  8. That’s it - your money is on the way and should be in the recipient’s wallet soon!

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Sending fiat:
  1. Make sure your balance is topped up (either via stablecoins or bank transfer).
  2. Tap on ‘Send’ from your Stables dashboard and tap ‘Add a recipient’.
  3. Select ‘Bank account’ (for Australian or Philippine payments) or ‘E-wallet’ (for Philippines).
  4. Add the account details you want to send AUD or PHP to.
  5. Type in the amount of fiat you wish to send. You can denominate this in AUD, PHP or USDC!
  6. Type a description. Feel free to add some emojis 💳💸🛍🏃💃🥂
  7. Double check the amount you want to send and the destination, then and tap ‘Confrim’.
  8. That’s it - your money is on the way and should be in the recipient’s bank account soon!

‍

For more info, check out our Send FAQs.

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."