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Stablecoins & How to Receive Them on Roam

R
Written by Rackel Richards
Updated over a week ago

Stablecoins are digital currencies designed to maintain a 1:1 value with the U.S. dollar, backed by real-world assets like USD.

This means:

1 PYUSD, USDC, or USDT ≈ $1

Stablecoins on Roam

Roam now supports stablecoin deposits, allowing you to receive PYUSD, USDC, and USDT directly into your Roam account. All deposits are automatically converted 1:1 to USD and credited to your Roam USD wallet, which can then be converted to your local currency.

This is especially useful for:

  • Freelancers working with international clients

  • Remote workers earning in USD

  • Business owners receiving payments from abroad

How to Receive Stablecoin Deposits

Follow these steps to receive PYUSD, USDC, or USDT in your Roam account:

  1. Log in to the Roam app using your email and password.

  2. Tap the USD wallet

  3. Tap “Fund”.

  4. Select “Add via Stablecoin” from the displayed options.

  5. Choose the type of stablecoin to receive:

  • USDC (Solana)

  • PYUSD (Solana)

  • USDT (Solana)

  1. Carefully follow the on-screen instructions to ensure accurate transfers.

  2. Share your wallet address by either:

  • Scanning the in-app displayed QR code from the sender’s platform, or

  • Copying your wallet address and sharing it via WhatsApp, Telegram, email, or other apps.

  1. You’ll receive a confirmation via push notification and email once the deposit reaches your Roam USD wallet.

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Important Things to Keep in Mind

  • Solana network only: Only send PYUSD, USDC, or USDT via the Solana blockchain. Transfers on other networks will be permanently lost.

  • Double-check your address: Make sure the wallet address matches the Solana network exactly.

  • Daily funding limit: Your Roam USD wallet has a $5,000 daily limit, regardless of the deposit method (ACH, Wire, or stablecoins).

  • No separate wallet needed: All PYUSD, USDC, or USDT deposits go into your existing Roam USD wallet.

  • Minimum deposit: The minimum deposit for PYUSD, USDC, or USDT is $10. Deposits below this amount will be lost.

With Roam’s Solana-based stablecoin support, receiving USD is fast, reliable, and free from crypto price swings.

Start accepting PYUSD, USDC, and USDT payments today—log in to your Roam app!

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