Case Study: a crypto payment provider boosts deposits with TransFi’s stablecoin on-ramp

Forex Broker Boosts Deposits by Integrating TransFi’s Stablecoin On-Ramp

The customer, a leading forex broker operating across Africa, Asia, and the Middle East, was facing significant challenges with slow bank transfers, high processing fees on card payments, and regional payment gaps. These issues were causing client drop-off and hurting trading volume. To overcome this, the broker partnered with TransFi to integrate its stablecoin on-ramp service.

TransFi's solution provided instant conversion of local payment methods into USDC and USDT stablecoins, which were then credited to trading accounts in minutes. This integration resulted in a 42% increase in monthly deposit volume, slashed the average funding time from days to under three minutes, and reduced processing costs by 38%. The solution also enabled the forex broker to successfully accept deposits from 12 new countries.