USDC liquidity provider for a VASP head of treasury: buying USDC in volume at lower cost in Brazil
How a VASP head of treasury supplies USDC in volume with Crown FX: own inventory, native Pix, API or OTC desk and the settlement window.
For the head of treasury at a VASP, Crown FX is a source of USDC in volume to supply the treasury and serve the VASP’s own clients. Crown states it offers USDC at a lower cost without publishing a figure; the check is the quote on each purchase.
Origin of the inventory
Crown has a steady inflow of USDC from non-resident clients and access to large financial institutions that work with it because they trust its compliance processes, which forms its own inventory. The treasury stops depending on third-party books to supply cash.
The purchase
- Quote referenced to Bloomberg, not to an exchange’s price.
- Immediate execution at the locked price, within applicable operating limits.
- Native Pix integration on the real side and settlement in USDC.
- Channels: API or OTC desk (WhatsApp or Slack, for large volumes).
Settlement grid
Very high volumes settle within the business day, up to 18:00 Brasília time, and Crown also settles on D+1 or D+2 if the client prefers. Crown FX serves institutions authorized to operate in the virtual-asset FX market.
See should I use the API or the OTC desk for Crown FX, how to open a Crown account and integrating a BRL stablecoin by API.