Freelancers in Slovenia working with clients around the world need a fast and reliable way to receive and convert payments. USD Coin (USDC), a stable cryptocurrency tied to the U.S. dollar, offers a solution. By using USDC, freelancers can easily handle international transactions while maintaining the value of their earnings.

This guide details how freelancers in Slovenia can use Grey to receive payments in USDC and convert them to local currency.

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

Why convert foreign payments to USDC in Slovenia?

• Stable value:  USDC pegged to the U.S. dollar, helps Slovenian freelancers protect their earnings from unpredictable currency fluctuations.
• Affordable payments: No more high transfer fees, USDC makes receiving international payments more affordable, keeping more of your hard-earned money.
• Fast transactions: No more waiting endlessly for payments to clear. USDC uses blockchain technology to deliver near-instant transfers, so you can access your funds quickly.
• Global opportunities: Holding USDC opens doors to digital financial services like crypto investments and lending, empowering Slovenian freelancers to expand their financial horizons.

Receiving and converting foreign currency to USDC with Grey

At Grey, we’re dedicated to 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. USDC 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 on the web or mobile app.

2. Select your USD balance: Navigate to the “Accounts” section and select your USD balance.

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 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 measures.
• Global accessibility: USDC can be sent to over 40 countries, making it easier to manage your finances globally.

Considerations for USDC transactions

Managing USDC as a freelancer in Slovenia requires a few key steps to ensure smooth and hassle-free transactions.

• Check network compatibility: Not all wallets support every blockchain network. Ensure your wallet is compatible with the network you plan to use for your USDC transactions to avoid issues.
• Understand transaction fees: USDC transfer fees can vary by network. Take the time to compare these fees and select the most budget-friendly option for your needs.

How does Grey keep USDC transactions safe?

Grey ensures your USDC transactions are safe and secure by partnering with trusted providers, using reliable blockchain networks, and requiring two-factor authentication (2FA) for every transaction. These measures are designed to protect your money and keep your account secure.

Whether you're a freelancer in Slovenia receiving payments from international clients or managing income from abroad, Grey makes global transactions seamless and stress-free.

Create a free Grey account today for ease of global banking.

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