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How Settlement Works

After a crypto payment is confirmed, Grain converts the received cryptocurrency to your chosen settlement currency and transfers the funds to your account. By default, you receive fiat directly to your bank account. If you prefer, you can opt to receive settlement in a supported stablecoin instead. Settlement is fully automatic. Once you configure your bank account and settlement preferences in the Grain Dashboard, every confirmed payment flows through to your account without manual intervention.

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Settlement Schedule

Settlement timing depends on your chosen settlement method:
MethodTimelineDescription
StablecoinT+0Funds settle same day once the payment is confirmed on-chain
ACHT+0 / T+1Funds settle same day or next business day depending on when the settlement is submitted
Domestic WireT+0 / T+1Funds settle same day or next business day via domestic wire transfer
International WireT+2 / T+3Funds settle within two to three business days via international wire transfer
Settlement scheduling is configured automatically — no manual setup required.
Final settlement timing for fiat payments is subject to the receiving bank’s processing schedule. If your settlement method is wire, additional wire transfer fees may be incurred by your bank.

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Settlement Amount Calculation

The amount deposited into your bank account is the confirmed payment amount minus applicable fees: 
Settlement Amount = Payment Amount (in fiat) − Transaction Fee
For example, if a customer pays the equivalent of $100.00 USD and your transaction fee rate is 1.0%:
ItemAmount
Payment amount$100.00
Transaction fee (1%)−$1.00
Settlement amount$99.00
The transaction fee is the only deduction applied by Grain. Note that if your settlement method is wire, your receiving bank may charge additional wire transfer fees.

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Supported Settlement Currencies

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Fiat

Grain currently supports settlement in the following fiat currency:
  • USD — US Dollar
The following currencies are coming soon to Grain:
  • EUR — Euro
  • GBP — British Pound
  • CAD — Canadian Dollar
  • AUD — Australian Dollar

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Stablecoin

Grain currently supports settlement in the following stablecoins:
  • USDC — USD Coin
  • USDT — USD Tether
The following stablecoins are coming soon to Grain:
  • USD1 — World Liberty USD
  • PYUSD — PayPal USD
If your desired currency is not listed, please contact us for supportability.