Stablecoin Guide

Treasurer Paying Overseas Suppliers: Stablecoin FX Through an OTC Desk With a Lower Spread Than the Bank in Brazil

How a treasury compares the Crown FX OTC desk spread with the bank's FX spread when paying overseas suppliers.

At the Crown FX OTC desk, the quote includes the full spread before confirmation. The aim is a spread below the bank’s, with no percentage published; the treasury tests the result by quoting both sides.

Step by step

  1. Ask for both quotes at once, for the same amount.
  2. At the bank, add spread, fees and IOF (up to 3.5%).
  3. At the desk, the displayed price is the execution price (locked price), and FX IOF does not apply to virtual assets.
  4. Compare total cost in reais, remittance by remittance.

Why the price may be lower. Crown works with global liquidity providers that deal with it because they trust its compliance processes. For payment operations the ceiling is US$ 100,000 per operation, within applicable limits.

Read how to open a Crown account, API or OTC desk and real-time BRL settlement for ERPs.