💵 Stablecoins & How to Receive Them
Stablecoins are a type of digital currency designed to maintain a 1-1 value with the USD. Stablecoins are backed by real-world assets, such as the US Dollar.
This means:
1 USDT or 1 USDC ≈ $1
💵 Stablecoins on Cleva
Cleva now supports stablecoin deposits, allowing users to receive USDT and USDC directly into their Cleva accounts, automatically get USD at a 1-1 rate, and convert the USD into local currency.
This update is especially useful for:
Freelancers working with international clients
Remote workers' earnings in USD
Business owners receiving payments from abroad
All stablecoin deposits are automatically converted 1-1 for USD and deposited into your Cleva USD wallet.
📲 How to Receive Stablecoin Deposits
Here’s how you can receive USDT or USDC using the Cleva app:
Log in to the Cleva App with your email address and password.
From the home screen, tap “Add Funds”.
From the available options, select “From stablecoins”.
Choose the type of stablecoin you want to receive:
USDT (TRON – TRC20)
USDT (Ethereum – ERC20)
USDC (Solana)
Read the displayed instructions carefully for smooth and accurate transfers.
Share your wallet address by either:
Scanning the QR code from the external sending platform, or
Copying the wallet address and sharing it via WhatsApp, Telegram, email, etc.(third-party).
You’ll receive a confirmation via push notification and email once the deposit has arrived in your Cleva wallet.
Please take a look at the images below for the step-by-step process above:
Sharing your Wallet Address
To receive payments from third parties, you can securely share your wallet address or QR code, as shown in the example below:
The image above is your wallet address for your supported network. This is where you will receive USDT or USDC.
⚠️ Important Things to Keep in Mind
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With Cleva’s stablecoin support, you get more flexibility and reliability when receiving USD without the usual crypto price swings.
Start accepting stablecoin payments with ease. Log in to your Cleva app today! |