As a freelancer working with international clients in the Netherlands, having a secure and efficient way to handle payments is essential. USD Coin (USDC), a stable digital currency pegged to the U.S. dollar, offers a reliable solution for receiving and converting foreign currencies. Unlike traditional payment methods, USDC protects your earnings from exchange rate volatility, allowing you to store value digitally and convert it to euros when needed.

This guide explains how to use Grey to receive payments, convert them to USDC, and quickly access your funds in Euros.

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

Who can receive and convert currencies in the Netherlands?

• Remote workers: The Netherlands is a hotspot for remote workers, particularly in tech, finance, and creative fields. Many work with companies across Europe and beyond, earning  in different currencies. By converting to stablecoins like USDC, they can simplify their finances and avoid currency exchange fluctuations.
• Freelancers: Freelancers in the Netherlands, from graphic designers to IT consultants, often work with global clients. They benefit from receiving payments in USDC as it allows faster transfers and stable value compared to euros.
• Small business owners: Dutch businesses, particularly in e-commerce and export, trade with international clients. These entrepreneurs can receive payments in USDC to simplify cross-border transactions, reduce bank fees, and protect against exchange rate risks.

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

Why convert foreign payments to USDC in the Netherlands?

• Stable value: USDC is tied to the U.S. dollar, providing a predictable value and shielding freelancers from the ups and downs of volatile currencies.
• Lower fees: Save on high bank charges with USDC’s affordable transaction costs, perfect for international payments.
• Faster access: Get paid faster. Thanks to blockchain technology, USDC transfers are processed almost instantly — no more waiting days for funds to clear.
• Smart conversions: Hold USDC for stability and convert it to euros when exchange rates work in your favour, giving you better control over your money.

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.

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.

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: You can send USDC 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.

Whether you’re managing business payments or freelance earnings, Grey makes managing global transactions effortless. With our new USDC feature, you can enjoy smooth, borderless banking and keep your funds secure.

To get started, open your free Grey account today.

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