Accept Synthetix payments globally

Keep your B2B users on the platform with the help of TransFi as it connects country's leading Synthetix methods directly to stablecoin settlement with complete compliance and real-time conversion rates via a single API. On-ramp any local currency into snx. Off-ramp Synthetix back to local currency and settle to any bank account globally. Collect snx payments from customers from anywhere. Pay out Synthetix to wallets and bank accounts worldwide.

From

SNX

USD

1 SNX = USD

SNX to USD Chart+0%(1Y)

How Synthetix On-ramp & Off-ramp works

Two directions. One platform. TransFi handles both sides of the Synthetix conversion, local fiat in, Synthetix out and Synthetix in, local fiat out with live time rates and immediate settlements on the fastest local payment methods.

You Get

USD

You Pay

SNX

SummaryShow

You get ~ 1 SNX for 1 USD

Supported Digital Assets

Every token below is available for on/off-ramp, swap, payout and custody operations.

Framework for Global Compliance & regulatory for Synthetix SNX transactions

TransFi employs a dual-layered compliance strategy, meeting global standards universally and local obligations specific to (country's name) digital asset regulations.

KYC & KYBCrypto identity verification

Identity and business verification for all Synthetix users and clients. Individual KYC includes ID and liveness verification via SumSub, with added risk checks through Sardine and AtData. Business verification covers incorporation documents, UBOs, director checks, and source of funds, while crypto-native businesses undergo Enhanced Due Diligence (EDD).

Crypto wallet screeningSynthetix specific

Every Synthetix wallet address is screened via Chainalysis, both on deposit (on-ramp) and on withdrawal (off-ramp). This identifies exposure to tainted funds, sanctioned jurisdictions, dark markets, mixers, tumblers, and child abuse-linked wallets. This check does not apply to fiat transactions.it is unique to Synthetix and all digital asset flows on TransFi.

AML / Blockchain analyticsSynthetix on-chain monitoring

Real-time and retrospective on-chain transaction monitoring via Chainalysis on all Synthetix flows. Screens against OFAC, UN, EU, and HM Treasury sanctions lists. Flags suspicious patterns including structuring, rapid layering, and high-risk counterparty exposure. Auto-generates alerts reviewed by the MLRO within 1 business day.

FATF Travel RuleSynthetix transfers

All SNX transfers above $1,000 equivalent must include originator and beneficiary information under EU Regulation 2023/1113 and EBA Travel Rule Guidelines. Information transmitted includes: originator name, distributed ledger address, crypto account number, country, and LEI where available. This applies to all Synthetix transfers on Bitcoin, Ethereum, Tron, Solana, and all supported networks.

Transaction monitoringSynthetix flows

Both instant monitoring (blocks suspicious SNX transactions before execution) and retrospective monitoring (reviews flagged SNX flows within 30 calendar days). MLRO assesses all flagged Synthetix transactions within 1 business day. Suspicious Activity Reports (SARs) submitted to FCIS within 3 business hours of identification.

Data protectionSynthetix flows

User data related to Synthetix transactions is processed under GDPR (EU), PDPA (Asia), DPDP (India), POPIA (Africa), or local equivalent, depending on where the SNX transaction originates.

FAQS

Frequently Asked Questions

How can businesses accept payments through Synthetix?

Businesses can accept payments through Synthetix using TransFi's payment infrastructure, which supports crypto collections, fiat settlements, and local payout methods through a single integration.

How does Synthetix function within enterprise B2B payment workflows?

Synthetix operates as a high-speed cryptographic ledger system that replaces traditional paper or bank-mediated payment instructions. When a business initiates a payment, value is securely transferred and verified over decentralized protocols, bypassing intermediary correspondent clearing banks to reduce total transaction cycle time.

Which underlying blockchain protocol processes Synthetix transactions?

Synthetix transactions are processed on supported blockchain networks such as Bitcoin, Ethereum, Tron, Solana, and other compatible decentralized ledger infrastructures depending on the selected asset and settlement route.

Can a multinational corporation use Synthetix for mass outbound cross-border payouts?

Yes, multinational corporations can use Synthetix for large-scale outbound cross-border payouts, enabling faster settlement, lower operational costs, and streamlined treasury management across multiple jurisdictions.

What mechanisms convert Synthetix into local sovereign currencies?

Synthetix can be converted into local fiat currencies through regulated liquidity providers, digital asset exchanges, OTC desks, and integrated payout partners that support real-time conversion and settlement.

What is the average end-to-end settlement speed for a Synthetix transfer?

Settlement speed for Synthetix transfers typically ranges from a few seconds to several minutes depending on the blockchain network, transaction load, and payout destination.

Which enterprise wallets and digital asset exchanges are fully compatible with this Synthetix service?

The Synthetix service is compatible with major enterprise wallets, custodial platforms, and regulated digital asset exchanges that support institutional-grade blockchain transactions and API integrations.

Is Synthetix appropriate for multi-tenant digital marketplaces and gig platforms?

Synthetix is well-suited for digital marketplaces, gig economy platforms, and multi-tenant ecosystems that require programmable payouts, instant settlements, and global payment accessibility.

How does TransFi guarantee compliance with local anti-money laundering and financial regulations for Synthetix?

TransFi applies robust KYC, AML, transaction monitoring, and sanctions screening frameworks to ensure all Synthetix transactions comply with local and international financial regulations.

What are the primary integration models for adding Synthetix to an existing ERP stack?

Synthetix can be integrated into existing ERP and financial systems through APIs, payment gateways, treasury automation tools, and custom enterprise middleware solutions.

Is it possible to accept inbound Synthetix transactions but receive final settlement entirely in local fiat currency?

Yes, businesses can accept inbound Synthetix payments while receiving final settlement directly in their preferred local fiat currency through automatic conversion and payout mechanisms.

Ready to simply global payments?

Send, receive, and swap funds worldwide with ease and transparency - across 70+ countries and 40+ currencies.