For freelancers and remote workers in Zambia working with international clients, USD Coin (USDC), a stablecoin pegged to the US Dollar, offers a reliable way to receive and manage payments. Stablecoins like USDC have become a reliable payment option particularly in countries like Zambia, providing security and convenience for global transactions.

This guide explains how freelancers in Zambia can seamlessly receive payments in USDC and how Grey makes managing these payments simple and stress-free.

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

Why freelancers in Zambia should use USDC for international payments

• Stable value: USDC is tied to the U.S. dollar, so your hard-earned money keeps its value, no matter how the fluctuations of the Zambian Kwacha.
• Affordable transactions: Unlike traditional banks, USDC offers low-cost international payments, helping you save money on every transaction.
• Fast access to funds: Tired of waiting days for payments? With USDC powered by blockchain technology, you can receive your money almost instantly, without the delays typical with traditional banks.
• Global opportunities: Holding USDC opens doors to global financial tools, from crypto investments to digital lending, giving Zambians the chance to explore and grow beyond borders.

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. Now, you can convert foreign currency to USDC and transfer it directly to your crypto wallet in over 40 countries. This feature is perfect for anyone handling cross-border payments, offering secure, efficient, and cost-effective 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 in Zambia

If you’re a freelancer in Zambia, holding and converting USDC can simplify international payments, but there are a few key points to keep in mind:

• Ensure wallet compatibility: Not all wallets support every network for USDC. Make sure that your wallet is compatible with the network you plan to use for smooth transactions.
• Consider transfer costs: Transaction fees for USDC vary by network. Comparing these fees can help you choose an affordable option that saves you money on transfers.

How does Grey keep USDC transactions secured?

Your USDC transactions are protected through partnerships with trusted providers, secure blockchain networks, and mandatory two-factor authentication (2FA) for every transaction. These robust security measures ensure your money stays safe and your account is secure.

For freelancers in Zambia, managing international payments has never been simpler. Whether you're receiving payments from global clients or handling cross-border transactions, Grey makes it effortless.  Open your free Grey account today and experience limitless global banking tailored to your needs.

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