Vatican City, the heart of Catholicism and a landlocked enclave within Rome, is a place of immense historical, religious, and cultural significance. While this unique location might not be the first place you associate with freelancers or digital nomads, some of the professionals who live in Rome visit Vatican City relatively frequently.

These freelancers and professionals often deal with the complexities of managing cross-border payments.  That’s where USD Coin (USDC) — a stablecoin pegged to the U.S. dollar — comes in. It’s revolutionising how payments are received and managed across borders.

This guide will show you how to use Grey to receive foreign currencies and convert them into USDC efficiently while in Vatican City.

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

How to receive foreign currency in Vatican City

• Log in to your Grey account via the app or website to securely access your USD and other currency balances.
• Navigate to "Home" and select your preferred currency account (e.g., USD, EUR, GBP).
• Share your account details (IBAN, sort code, or account number) with international clients, employers, or payment platforms like PayPal and Upwork.
• The funds will be deposited into the Grey account.

How to convert foreign currency to USDC in Vatican City

Grey provides a user-friendly platform to manage payments. Here’s how you can convert foreign currencies to USDC using Grey:

• Log in to your Grey account via the app or website to securely access your USD and other currency balances.
• Navigate to the “Home” section and select your balance to initiate a USDC transfer.

• Select “Send money,” then choose “Send via crypto” to send USDC.

• To ensure a successful transfer, carefully input the recipient’s wallet address and choose the correct network (Solana or Binance Smart Chain).

Input the transfer amount and review the details

Enter the amount of USDC to send. Before proceeding, double-check all information, including the wallet address and network.

• Once all details are verified, tap “Send” to complete the transaction. Grey will request two-factor authentication (2FA) for added security.
• The recipient will receive the USDC shortly after processing.

Also Read: How to receive dollar payments and convert to USDC in Italy

What are the considerations for freelancers holding and converting USDC?

Holding and converting USDC comes with a few considerations:

• Network compatibility: Ensure the network used for USDC matches your wallet and conversion services.
• Fee awareness: USDC transactions typically incur low fees, but blockchain network fees may vary.

Also Read: How to receive dollar payments and convert to USDC in Chile

Using Grey to simplify USDC management

With Grey, you can send USDC to supported wallets, manage funds easily, and use robust security measures like two-factor authentication (2FA).

Create your Grey account today to unlock the full potential of USDC as a digital nomad or traveller visiting Vatican City.

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