Plasma One lets you deposit fiat into your account and withdraw fiat to a bank account. The currencies available differ between the two, so each is listed below.
Deposits
You can deposit fiat into your Plasma One account using a virtual account in the following currencies:
USD: ACH and wire
EUR: SEPA
GBP: Faster Payments
MXN: SPEI
BRL: PIX
COP: Bre-B
When fiat arrives in your account, it's automatically converted to USDT in your wallet. There is no separate fiat balance.
Withdrawals
You can withdraw from your Plasma One balance to a bank account in any of the deposit currencies above, plus the following currencies:
CAD: EFT and Interac
AUD: local bank transfer
INR: IMPS, UPI, NEFT, and RTGS
PHP: InstaPay and PesoNet
IDR: BI-FAST and BI-RTGS
MYR: local bank transfer
THB: PromptPay
VND: NAPAS and CITAD
KRW: local bank transfer
TRY: FAST
NGN: local bank transfer
ZAR: local bank transfer
KES: local bank transfer and M-Pesa
Which currencies are available to me?
Not every currency is available in every country. Eligibility depends on your country (and state, where relevant) of residence, and some currencies can only be sent to recipients outside that currency’s home country.
The app shows you exactly what you can use:
New users: when you enter your country and state during sign-up, the next screen lists the deposit and withdrawal currencies available to you.
Existing users: go to Send, tap Add a bank account, and the full list of currencies you can withdraw to is shown.
If a currency you expected is missing, it isn’t available for your residence yet. We’re adding more currencies regularly.
This article is informational. The Plasma User Agreement, Cardholder Agreement, and Privacy Policy govern your account and control in the event of any inconsistency.