As stablecoin continues to gain popularity worldwide, there’s a growing concern about how freelancers from the Middle East can benefit from it. Accepting payment in USDC as a freelancer in Qatar will improve your financial stability. However, access to seamless USDC transactions is still limited. And this is where Grey comes in.

USDC is a stablecoin backed by an equivalent US dollar. This means its value depends on the value of the USD, pegged at 1:1. USDC transactions ensure funds have a stable value, and the transactions are swift. They also avoid local currency fluctuations and money losses due to frequent currency conversion.

Grey provides the easiest way to send and receive USDC, delivering secure, fast, and cost-effective transactions. This guide explains how Qatar freelancers can seamlessly use Grey to manage USDC payments.

Also read: Best way to receive Euros in Qatar

Why should freelancers in Qatar use USDC for payments?

USDC is changing the payment spaces in the digital economy by creating room for fast, secure, and affordable transactions. Here are reasons why more freelancers and global clients are turning to USDC for payments.

• Stable value: USDC has the same value as the US dollar; hence, USDC avoids the volatility of other currencies and fiat currencies, making it the best option for consistent earnings.
• Low fees: The only cost freelancers incur from USDC is minimal network fees, which help freelancers maximise their earnings, unlike other means of transfer, such as bank transfers, which have hidden fees.
• Faster processing: International bank transfers usually take 3 to 7 days to complete, but crypto transfers are instantaneous, making them better for freelancers with urgent invoices.
• Global access: When using crypto payments, it’s easy to bypass banking restrictions in Qatar, as USDC enables freelancers to send and receive USDC worldwide.
• Security and transparency: Every transaction is recorded on the blockchain, making it difficult for fraudulent activities to occur and improving clients’ trust.

Also read: How USDC is revolutionising international money transfers.

Why is Grey the best platform for freelancers in Qatar?

Grey is the leading fintech platform that simplifies sending and receiving USDC Worldwide. Through Grey, you can send and receive USDC instantly and with low fees, making it ideal for Qatar freelancers looking to receive paychecks from their clients in the UK, Europe, and elsewhere.

Below is why Grey is the best platform for freelancers

• USD account: Receive USDC in a USD account with an IBAN or routing number, which is perfect for global clients.
• Fast transfers: Send USDC to 70+ countries or receive payments in minutes via blockchain.
• Low fees: You pay only network fees (e.g., Solana, Binance Smart Chain), with no hidden charges.
• Streamlined finances: Track USDC transactions and generate statements in one app for invoicing and taxes.

Also read: USDC vs. other stablecoins: what's best for global transactions?

How to send and receive USDC in Qatar with Grey

Grey makes sending and receiving USDC straightforward, integrating with Qatar’s financial system. Follow these steps:

• Sign up: Register on Grey’s website or app using your smartphone.
• Verify your identity: Submit a government-issued ID (e.g., Qatar’s national ID, passport), selfie, and proof of address (e.g., utility bill). KYC verification is typically approved within 24 hours.
• Create a USD account: Generate a USD account with an IBAN or routing number in Grey’s platform.
• Receiving USDC: Share your wallet address (Solana or Binance Smart Chain) with clients. Grey converts USDC to USD instantly.
• Sending USDC: In Grey’s app, go to “Accounts,” select USD balance, choose “Send via crypto,” enter the recipient’s wallet address, select Solana or Binance Smart Chain, input USDC amount, and confirm with 2FA. The funds will arrive shortly.

Also read: Send instant USDC payouts to 70+ countries with Grey!

Sending and receiving USDC as a Qatar freelancer is now fast, secure and easy with Grey. Whether you are in Doha or Dukhan, Grey supports USDC transactions with low fees and fast transfers, making it the best choice for making global payments. Convert USDC to QAR or withdraw it from local banks and wallets with ease to keep your freelance income secure.

Get started with Grey today to streamline your USDC transactions in Qatar.

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