We’re thrilled to announce the launch of Due on Starknet! Due is a cost-effective global payments solution on top of interoperable blockchains and stablecoins, enabling anyone globally to send and receive funds and make payments as if they were local.
Due can be seamlessly connected to your Braavos and Ready wallets on Starknet or to dapps via Due’s API for on- and off-ramps, cross-border payments, remittances, and more. It is available in over 80 countries and supports more than 30 fiat currencies, as well as USDC, EURC, and USDT stablecoins, with more in the pipeline.
Due offers multi-currency virtual accounts for businesses and individuals in USD, GBP, EUR, MXN, and more to send and receive funds directly between local or foreign fiat currencies and stablecoins. It also provides access to multiple local payment rails, including ACH, SEPA, and Brazilian Pix, among others.
As for security, Due is built with SOC 2-grade controls, provides real-time risk monitoring, and automated KYC/KYB, and is operated through licensed and regulated partners globally.
This integration enables Starknet users globally to on- and off-ramp funds from USDC or USDT and send funds to bank accounts, mobile wallets, or directly to stablecoins. All Due transactions settle in under 24 hours, and, in the case of stablecoins, instantly, removing friction and unlocking new levels of financial inclusion.
What Sets Due Apart
Due offers incredibly low fees [1]:
- 0.2-0.5% on average vs the standard 4-6% for conversion rates.
- Wires that are 5-10 times cheaper than traditional wires.
- Free USDC transfers.
- USDC <> USDT 1:1 swaps with zero slippage.
In addition to being cheap, Due offers users virtual local accounts at no cost:
- Virtual accounts provide local payment details unique to each user’s account that can be used to receive payments locally.
- This allows individuals and businesses to receive payments without ever having to open a local bank account.
While Due users can easily connect their Starknet wallets, Due also allows users to open digital non-custodial crypto wallets with biometric key access.
- The wallets function like onchain accounts and instantly convert fiat payments to stablecoins that can then be held in the wallet.
- Users can manage multiple digital currencies no matter where they are.
Start Using Due Today
- Sign up at app.due.network
- Create your Vault or connect an existing wallet to store your funds
- Verify your account
- Start moving your money!
For more information, visit https://www.opendue.com/.
This is not investment advice and this information is subject to change. Please do your own research and see terms and conditions here.