How to receive and convert foreign currencies to USDC in Sweden

Tunde Aladeloba

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Sweden, with an impressive average lifespan of 82 years, promises not just a fulfilling life but an excellent environment for freelancers and remote workers. While enjoying the high quality of life Sweden offers, managing international payments becomes simple and secure with Grey. With its USDC feature, Grey makes receiving and converting payments from clients around the world easy, allowing you to focus on your work and lifestyle.

This guide shows how freelancers in Sweden can effortlessly manage their foreign payments with Grey’s USDC solution.

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

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

For freelancers working with clients abroad in Sweden, converting foreign payments to USDC can offer several benefits:

  • Stable value: Pegged to the U.S. dollar, USDC ensures your earnings maintain a stable value, protecting your funds from the fluctuations of other cryptocurrencies.
  • Low fees: USDC transactions typically are often cheaper than traditional bank transfers, making it a more cost-effective option for international payments.
  • Quick access to funds: Blockchain technology enables fast, near-instant transfers, so freelancers can access their payments quickly.
  • Flexible conversion: Freelancers can keep funds in USDC for stability and easily convert them to Swedish kronor (SEK) when the exchange rates are favourable.

Also read: Cross-Border fees: What you need to know.

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 USDC, you can now convert foreign currency to USDC and transfer it directly to your crypto wallet in over 40 countries.

1. Open the Grey app: Log in to your Grey account through the web or mobile app.

2ect your USD balance: Navigate to the “Accounts” section and select your USD balance, which is 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 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.

How does Grey secure USDC transactions? Grey keeps your USDC transactions safe by working with trusted providers, using strong blockchain networks, and requiring two-factor authentication (2FA) for all transactions. These steps help protect your funds and account access. Whether you're handling business payments or freelance earnings in Sweden, Grey makes global transactions easy. To get started, open your free Grey account today and experience limitless global banking tailored for you.

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