Codex
@CodexFX
The FX standard for moving between fiat and stablecoins. Anything to anything.
14 Following 50.7K Followers
Crypto payment card issuers face a daily settlement reality.
Their customers transact in stablecoins, but Visa and Mastercard require USD. The off-ramp between them can be slow and expensive.
Codex FX converts USDT and USDC to USD in under 30 minutes, 24/7, at wholesale rates.
For businesses issuing cards at scale.
Show more
more than 70% of fiat inflows into major USD-pegged stablecoins now come from non-USD currencies
global demand for dollar exposure is flowing through stablecoins
makes those conversions instant and cheap at wholesale rates
Show more
if you run a crypto PSP, you know this pain:
customer deposits USDT, your payout partner only accepts USDC
you're stuck doing the swap somewhere, paying spread + fees + slippage
does USDT/USDC at institutional rates with 24/7 settlement
Show more
Brazil has one of the largest FX markets among emerging economies
yet cross-border BRL has been stuck on legacy infrastructure. pix is incredible domestically, but it's BRL-only
the moment you cross borders, everything breaks down and businesses are stuck with slow settlement, bad rates, and banking hours
this is where Codex FX earns its place:
pix on one side handling BRL settlement, stablecoins on the other handling the dollar leg, with Codex FX connecting them
settlement that used to take days now takes minutes at wholesale pricing
this is the infrastructure that lets stablecoins move into the real world
Show more
Brazil.
Experience Codex FX today with wholesale rates, near-instant settlement, and 24/7 availability.
🇧🇷 BRL ⇔ USDC/USDT
Pague bonito.
Ever wonder how modern remittance companies are moving money?
1️⃣ Buy USDT/USDC from Codex FX with USD, at wholesale rates
2️⃣ Send the stablecoin to a local payout partner
3️⃣ Partner disburses to the customer in local currency
Correspondent banking takes 2–5 business days. This clears in minutes, weekends included.
Book a demo.
Show more
OTC desks
every $10 million USDT/USDC trade you split across Binance, OKX and Bybit is slippage you don't have to pay
we can help you at Codex FX
get in touch
We’re hiring right now. Mostly in East Asia and Latin America.
We're on a mission to make conversion between fiat and stablecoins seamless across emerging and frontier markets.
To get there, we've grown our team by over 100% in the last few months across sales, partnerships, legal, compliance, and more.
We are still hiring for:
• APAC Trader
• APAC Banking Specialist
• APAC Compliance Officer
• LATAM Operations Officer
• Client Onboarding Officer
Get in touch.
Show more
🇹🇷 Codex FX has secured its Turkish Tax ID.
A step forward in building the infrastructure for faster, better cross-border money movement in Turkey.
More to come.
a business moving $5M/month in cross-border payments at a 4% FX cost is spending $200k/month on fees
or just use Codex FX and pay a fraction of that
At small volumes, a 40 bps spread is annoying.
At $50M a month, it's hundreds of thousands in leaked margin.
What if your business had access to wholesale rates across fiat↔stablecoins and stablecoins↔stablecoins?
Experience Codex FX.
Show more
most companies moving money between fiat and stablecoins are overpaying by 3–5% and don't even know it
Codex FX: under 30 minutes, wholesale rates, 24/7/365
The $2M left your account. Whether it arrived is a different question.
Most FX providers can't tell you where your money is. Codex FX can.
• Transparent tracking
• Pre-transfer rate confirmation
• 30-minute settlement
Show more
USDC and USDT are both pegged to the dollar.
Swapping between them shouldn't cost you 15 bps.
Book a demo and see what you've been overpaying.
if you're a PSP or fintech moving serious volume between fiat and stablecoins, I want to know what you're paying your current on/off-ramp provider
because every time I ask, the number is embarrassing, and we beat it almost every time at Codex FX
Show more
Every fintech has a horror story. Here are the most common ones.
• Account frozen without warning
• T+2 settlement on a transfer
• Wire bounced, no explanation
• 35 bps on a currency conversion
There's a better way to move money. Codex FX.
Show more
talked to a payments executive last week who told me his company loses $4M a year in FX fees moving money between 12 countries
I told him stablecoins could easily cut that by over 80%
we're now helping him through @CodexFX
Show more
Mexico is the world's second-largest remittance market.
But try converting MXN→USD on a Saturday. Legacy providers quote 3%+ and tell you to wait till Monday.
Codex FX settles MXN 24/7/365 at wholesale rates between fiat and stablecoins. Get in touch.
Show more
