Denmark may be known for its Viking heritage and functionalistic design, but its freelancers also need financial tools that keep up with today’s connected world. USD Coin (USDC), a stable digital currency tied to the U.S. dollar, provides a seamless solution. With USDC, freelancers can securely receive payments from abroad and convert them to Danish kroner whenever needed.

This guide shows how freelancers in Denmark can easily use Grey to receive foreign payments in USDC and access their earnings in local currency.

Who can receive and convert currencies in Denmark?

• Remote workers: Denmark, famous for its work-life balance, is home to many remote workers who work for companies abroad. They can easily receive payments in foreign currencies and convert them to stablecoins like USDC, making income management seamless.
• Freelancers: Danish freelancers, from designers to developers, often work with international clients. They can receive payments in foreign currencies and convert their earnings for local spending or save in stable digital currencies, perfect for Denmark’s digital-forward economy.
• Small business owners: Denmark’s small businesses, whether exporting Nordic designs or tech solutions, can accept overseas payments in foreign currencies, converting them to USDC for stability in managing their finances.
• Digital nomads and independent contractors: Digital nomads in Denmark can benefit from USDC for fast, secure global payments. With its stable value tied to the U.S. dollar, it helps avoid currency fluctuations, making it ideal for managing international income easily.

Why convert foreign payments to USDC in Denmark?

• Stable value: The stable value of USDC, tied to the U.S. dollar, offers freelancers in Denmark a reliable way to manage their earnings without worrying about the volatility of other cryptocurrencies.
• Seamless cross-border transactions: Denmark is a hub for international business, yet cross-border payments can be slow and costly. USDC makes international transfers smoother, ideal for remote workers and freelancers dealing with global clients without the usual currency exchange barriers.
• Flexible conversion: Danish freelancers can hold USDC and convert to kroner when the rates are best or when they need local currency, offering greater financial control.

Receiving and converting foreign currency to USDC with Grey

As a digital nomad or freelancer, you can receive and convert foreign currency to USDC, and transfer it directly to your crypto wallet. This new feature is perfect for anyone handling cross-border payments, offering secure, efficient, and affordable currency exchange.

1. Open the Grey app: Log in to your Grey account through the app, which provides secure access to your USD and other currency balances.

2. Select your USD balance: Navigate to the “Accounts” section and select your USD balance,  essential for initiating USDC transfers.

‍

3. Tap “Send via crypto”: Choose the “Send money” option, then select “Send via crypto” to begin sending USDC.

4. Enter transaction details: Carefully fill in the recipient’s wallet address. Choose the correct network, Grey supports Solana (SOL) and Binance Smart Chain (BEP-20) — for successful transfer processing.

5. Input the transfer amount and review details: Enter the amount to be sent. Double-check all information, including wallet address and network, to avoid transaction errors.

6. Confirm and complete the transfer: Once satisfied with the correct details, tap “Send.” Grey will prompt you to enter your two-factor authentication (2FA) code, adding an extra layer of security.

7. Transaction success: The USDC will arrive in the recipient’s wallet after processing. They can keep the USDC, convert it into their local currency, or use it as they wish.

Why choose Grey for USDC payouts?

• Instant transfers: Your USDC transactions are sent instantly, so your funds arrive without delay.
• No extra charges: We don’t charge extra withdrawal charges. You are only required to pay the network fee.‍
• Secure and reliable: Your funds are always protected with advanced encryption and fraud protection.
• Global accessibility: You can send USDC to over 40 countries, making it easier to manage your finances globally.

Read further: How safe is your money on Grey?

Whether you’re managing business payments or freelance earnings in Denmark, Grey makes global transactions easy. With our new USDC feature, you can experience seamless, borderless banking and keep your funds secure. To get started, open your free Grey account today to enjoy limitless global banking designed just for you.

‍