For freelancers in Croatia, receiving foreign payments efficiently has become necessary. USD Coin (USDC) offers a stable and practical solution for managing international transactions, and Grey simplifies the process.

Here’s how you can seamlessly receive foreign payments, convert them to USDC, and manage your finances from Croatia.

Also read: How to receive and convert foreign currencies to USDC

Why convert foreign payments to USDC as a freelancer in Croatia?

Converting foreign currencies to USDC offers freelancers and remote workers several advantages:

Stable value: As a stablecoin tied to the U.S. dollar, USDC provides consistency, helping you avoid fluctuations common with other cryptocurrencies.

Low fees: Compared to traditional international bank transfers, USDC transactions come with lower fees, making them cost-effective.

Fast transfers: Blockchain technology ensures quick access to your funds without delays.

Flexible conversion: You can hold USDC and convert it to euros (EUR) or other currencies when the exchange rate is in your favour.

Also Read: How to receive and convert foreign currencies to USDC in Estonia

Receive and convert foreign currency to USDC

Grey offers a straightforward and secure method for freelancers to manage USDC payments. Here’s how you can send and convert USDC with Grey:

Open the Grey app

Log into your Grey account via the app or website to access your USD and other currency balances.

Select your USD balance

Navigate to the “Accounts” section and select your USD balance to initiate a USDC transfer.

Tap “Send via crypto”

Select “Send money,” then choose “Send via crypto” to begin the process of sending USDC.

Enter transaction details

Input the recipient’s wallet address carefully and ensure you select the correct network. Grey supports Solana (SOL) and Binance Smart Chain (BEP-20).

Input the transfer amount and review the details

Specify the amount to send and double-check all information, including the wallet address and network, to avoid errors.

Confirm and complete the transfer

Once all details are verified, tap “Send” to complete the transaction. Grey will request two-factor authentication (2FA) for added security.

Transaction success

The recipient will receive the USDC shortly after processing. They can hold it, convert it to local currency, or use it for other purposes.

Also Read: How to receive and convert foreign currencies to USDC in Malta

Converting USDC to euros (EUR)

To convert USDC into euros, use a cryptocurrency exchange or a local service that supports USDC-to-EUR conversions. Some platforms offer direct conversion, while others may require intermediary steps through USD or BTC.

What are the considerations for freelancers holding and converting USDC?

While USDC provides excellent flexibility, here are some factors freelancers in Estonia should consider:

• Network compatibility: Ensure the network used for USDC matches your wallet and conversion service to avoid transaction issues.
• Transaction fees: Although USDC has low fees, network costs can vary depending on blockchain activity.
• Tax compliance: Croatia has progressive crypto-friendly regulations, but freelancers should consult a tax advisor to ensure compliance when holding or converting USDC.

Also Read: How to receive dollar payments and convert to USDC in Hungary

Using Grey to simplify USDC management

With Grey, you can send USDC to supported wallets, manage funds with ease, and take advantage of robust security measures like two-factor authentication (2FA).

Managing international payments has never been easier. Create your Grey account today to unlock the full potential of USDC as a freelancer in Croatia.

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