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  • Welcome to GuCard!
  • Foundation
    • Market Analysis
    • Overview of GuCard
    • Vission & Mission
    • Roadmap
  • Features & Characteristics
    • Feature Overview
      • GuCard Tiers
      • VISA Network Integration
      • Crypto-to-Fiat Conversion
      • Currency Deployment Roadmap
      • Real-Time Controls
    • Business-Centric Features
      • Vendor Payments and Automation
      • Advanced Analytics for Businesses
    • Security and Encryption
    • Referral Program
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  • 1. How Crypto-to-Fiat Conversion Works
  • 2. Real-Time Liquidity Pools
  • 3. Benefits of Real-Time Conversion
  1. Features & Characteristics
  2. Feature Overview

Crypto-to-Fiat Conversion

One of GuCard’s most innovative features is its ability to convert crypto to fiat instantly at the point of sale. This allows users to utilize their crypto holdings for real-world purchases globally. Below is a detailed breakdown of this process.


1. How Crypto-to-Fiat Conversion Works

GuCard integrates with real-time liquidity pools and blockchain oracles to facilitate smooth crypto-to-fiat conversions.

Step-by-Step Workflow:

2. Real-Time Liquidity Pools

GuCard relies on crypto liquidity pools to ensure sufficient reserves for instant conversions.

  • How It Works: Gumart partners with liquidity providers to maintain deep reserves of stablecoins (USDT, USDC) and fiat currencies (USD, EUR).

  • Smart Contract Execution: Transactions are facilitated through smart contracts to ensure accuracy and transparency.

  • Dynamic Fee Adjustment: Conversion fees are dynamically optimized based on liquidity pool depths and transaction volumes.


3. Benefits of Real-Time Conversion

  1. Zero Delays: Transactions settle instantly, eliminating the wait time associated with traditional crypto conversions.

  2. Competitive Rates: Users benefit from real-time market rates fetched from trusted oracles.

  3. Merchant-Friendly: Merchants receive fiat payments directly, reducing adoption barriers for businesses hesitant to accept crypto.

  4. Transparent Fees: Users only pay a flat transaction fee ($0.25), with no hidden conversion costs.


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Last updated 4 months ago