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FX On-Chain by Nonco
Modernizing global money movement through blockchain-native FX infrastructure.
What We Do
FX On-Chain enables institutional counterparts to convert local fiat currencies into USD stablecoins, and vice versa, using a fully automated, on-chain process.
Whether sending funds to users or receiving capital from local partners, our infrastructure streamlines the entire transaction.
Counterparts
Stablecoin Issuers
Fintechs / Web3
Cross Border
Trade-Finance
Remmittance
How It Works
Inbound Flow:
(Deposit to Stablecoin)
Local Currency Deposit
Counterparty initiates a deposit in a supported local fiat currency.
Stablecoin Conversion
The fiat deposit is converted into a local stablecoin.
USD Stablecoin Settlement
The local stablecoin is then swapped into USDT, USDC, or AUSD.
Wallet Delivery
The resulting stablecoin balance is delivered to the counterparty’s designated on-chain wallet.
Outbound Flow:
(Stablecoin to Local Payout)
Stablecoin Transfer
Counterparty sends USDT, USDC, or AUSD to Nonco’s on-chain wallet.
Stablecoin Swap
Stablecoins are converted into a local stablecoin.
Fiat Settlement
Local stablecoin is redeemed into fiat (e.g., MXN, BRL, EUR etc).
Local Payout
Funds are delivered to the counterparty’s designated local bank account.
This automated on-chain process enhances transparency, reduces settlement risk, and ensures fast, reliable access to liquidity in both directions.
FX On-Chain is built on the Avalanche blockchain, leveraging its speed, scalability, and low-cost infrastructure to deliver secure, high-performance settlement for digital assets and local currencies.
