The licensed crypto OTC desk for emerging markets
Boldrails is a licensed crypto OTC desk. We convert and settle high-volume payments in stablecoins like USDT and USDC, settle the funding or payout leg in fiat or crypto, and disburse to bank accounts and mobile money across emerging markets. Pricing is transparent and principal-direct, with onboarding in 3 to 14 days.
- Settles in minutes
- Fiat or crypto settlement
- Licensed principal
Last updated: July 1, 2026
What it is
What is Boldrails crypto OTC?
Boldrails runs a crypto OTC desk as a licensed principal. We quote a fixed price for large trades, convert between fiat and stablecoins, and settle the whole ticket off the public order book. There is no broker in the middle and no marketplace matching you to a third party. We hold the licences, we quote, and we settle directly.
The desk moves value in stablecoins like USDT and USDC over the settlement network that fits each route, then pays out in local currency to a bank account or mobile wallet. You settle the funding or payout leg in fiat or crypto, whichever suits your treasury.
This is the hub for our crypto OTC products. Remittance corridors are the core use case, with cross-border payouts and treasury settlement built on the same rails.
What we settle
Assets and networks we settle over
We settle in the stablecoins and networks that move value cheapest and fastest for each route, and we convert to and from local fiat on both legs.
| Asset | Role | Networks |
|---|---|---|
| USDT | Primary settlement stablecoin | TRC20, Solana, Polygon, Ethereum |
| USDC | Regulated-flow stablecoin | Solana, Stellar, Ethereum, Polygon |
| Local fiat | Funding and payout leg | bank transfer, PIX, SEPA, mobile money |
We pick the network per corridor, so settlement lands in minutes rather than the days a correspondent-bank transfer typically takes. We confirm the exact asset, network, and settlement window for your route when you apply.
Use cases
What you can use the desk for
One licensed desk, several jobs. Each runs on the same principal settlement and compliance relationship.
Remittance corridors
Convert and settle high-volume cross-border payments in stablecoins and pay out in local fiat and mobile money across Africa, LATAM, Asia, MENA, and Australia.
Gaming operator settlement
Accept crypto player deposits, settle in stablecoins or fiat, disburse player payouts, and run an OTC desk for operator treasury, all as a licensed principal.
Cross-border payouts
Disburse to many recipients at once, settling each payout in fiat or crypto, with one counterparty and one reconciliation.
Treasury settlement
Move value between markets and convert fiat and stablecoins at a fixed quote, without order-book slippage on large tickets.
Licensing and compliance
Licensed, and compliant on every flow
Boldrails operates as a licensed principal and holds the licences required to run money-transmission and virtual-asset activity in the markets we serve. We hold our own registrations and never run this via partners.
We run KYC, KYB, and AML checks at onboarding and sanctions screening, including OFAC, on every trade. Because we settle directly, your funds move through a regulated counterparty rather than an anonymous peer or an informal rail.
Who it's for
Who the desk is for
We build for the operators and businesses that move value across borders at volume.
- Remittance processors and money transfer operators
- Fintech operators building a cross-border transfer product
- Businesses running cross-border payroll or vendor payouts
- Treasury teams converting between fiat and stablecoins at volume
- High-risk and high-volume verticals that need reliable settlement
- Gaming and forex operators that need cross-border settlement
If your business moves large sums across borders, the desk gives you one licensed counterparty for the whole flow.
Get a licensed crypto OTC desk
Tell us your markets and volume, and we will quote a licensed settlement route with a real timeline.
FAQ
Crypto OTC questions
Last updated: July 1, 2026