ā Non-custodial design intent ā¢ independent legal and compliance review required
B2B Cross-Border FX Clearing Bridge
Settle international contractor & supplier invoices in USDC on Base. Non-custodial and merchant-direct: no protocol fee is deducted, the full invoiced amount reaches the payee, and we publish no comparison figure for bank wire costs because they vary by bank, corridor and amount.
ā” 1-Click Settlement Generator
Generate an audit-ready invoice with instant multi-currency settlement links for your overseas contractor.
š Settlement Economics
Comparative breakdown vs legacy SWIFT correspondent banking:
Spot Rate: 1 USD ā 85.47 INR (Chainlink/Uniswap TWAP)
Invoice Amount:
$10,000.00 USD
Assumed bank spread (3.50% ā assumption, not your bank's quote):
$350.00 USD
Assumed wire intermediary fee:
$45.00 USD
Legacy Settlement Delay:
3 to 5 Banking Days
code402 protocol fee:
$0.00 USD
Code402 Settlement Speed:
Instant (T+0 Base L2)
Difference vs that assumption:
+$345.00 USD
šļø Corporate & Non-Custodial Legal Architecture:
ā¢ Non-custodial design: The intended rail is a direct payer-to-recipient transfer; Code402 is not intended to escrow or hold principal. Verify the deployed recipient and relayer before use.
ā¢ Regulatory classification: The software does not establish an exemption. UK, US and corridor-specific counsel must review the actual business model, counterparties and payment flows.
ā¢ Corporate Backstop: Issued under JUANA LIMITED (United Kingdom, Co. 14043409) with Tide domestic and CurrencyCloud/Barclays multi-currency IBAN coordinates.
ā¢ Non-custodial design: The intended rail is a direct payer-to-recipient transfer; Code402 is not intended to escrow or hold principal. Verify the deployed recipient and relayer before use.
ā¢ Regulatory classification: The software does not establish an exemption. UK, US and corridor-specific counsel must review the actual business model, counterparties and payment flows.
ā¢ Corporate Backstop: Issued under JUANA LIMITED (United Kingdom, Co. 14043409) with Tide domestic and CurrencyCloud/Barclays multi-currency IBAN coordinates.