How to receive and convert foreign currencies to USDC in New Zealand

Tunde Aladeloba

SHARE THIS POST

Freelancers, business owners, and remote workers in New Zealand often receive payments from around the world. With the country’s growing global connections, managing foreign payments can sometimes be a challenge. That’s where USD Coin (USDC) comes in—a stable digital currency tied to the U.S. dollar. It’s an easy and reliable way to get paid from overseas, keep your earnings safe, and convert them to New Zealand dollars whenever you need them.

This guide explains how freelancers, business owners, and remote workers in New Zealand can use Grey to receive foreign payments, and convert them to USDC.

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

Why convert foreign payments to USDC in New Zealand?

  • Stable value: With fluctuations in global currencies, USDC provides a stable option for preserving your earnings.
  • Seamless global transactions: USDC simplifies cross-border payments, making it ideal for New Zealand’s freelancers, business owners, and remote workers who work with clients worldwide or need to send money abroad without excessive fees or delays.
  • Global access: By using USDC, you can tap into international digital finance opportunities like crypto investments or lending.
  • Flexible conversion: You can hold USDC and convert it to New Zealand dollars whenever you need access to local currency, giving you more financial control.

Receiving and converting foreign currency to USDC with Grey

At Grey, we’re focused on making global transactions easy for freelancers, digital nomads, and remote workers. With our latest update, you can now convert foreign currency to USDC and transfer it directly to your crypto wallet in over 40 countries. Here's how it works:

  1. Open the Grey app: Log in to your Grey account through the web or mobile app.
  2. Select your USD balance: Navigate to the “Accounts” section and select your USD balance, which is essential for initiating USDC transfers.
  1. Tap “Send via crypto”: Choose the “Send money” option, then select “Send via crypto” to begin sending USDC.
  1. 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.
  1. 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.
  1. Confirm and complete the transfer: Once you've confirmed  the correct details, tap “Send.” Grey will prompt you to enter your two-factor authentication (2FA) code, adding an extra layer of security.
  2. Transaction success: The USDC will arrive in the recipient’s wallet after processing. They can keep the USDC, convert it into 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 industry-standard measure‍
  • Global accessibility: USDC can be sent to over 40 countries, making it easier to manage your finances globally.

How does Grey secure USDC transactions?

Grey secures your  USDC transactions by partnering with trusted providers, supporting well-established blockchain networks, and requiring two-factor authentication (2FA) for all transactions. These measures help protect user funds and safeguard account access.

As New Zealand embraces digital innovation, platforms like Grey make managing global transactions easy. Whether you’re running a business, freelancing, or working remotely, Grey helps you seamlessly convert USDC and access your funds in NZD whenever you need them.

Open your free Grey account today and experience borderless banking.

Back to top