We hold fiat anchors to high reliability and usability standards. At a minimum, we require all deposit fiat anchors:
- perform any necessary KYC via api
- accept fiat deposits via ACH/SEPA (i.e. not via wire transfer) and convert the fiat to Stellar tokens upon receipt
- provide customers with progress updates on pending transactions
- enable withdrawals of the tokens via fiat back to a bank account via ACH/SEPA
When you have a flow in live deployment that meets the above basic requirements, get in touch with us at email@example.com. Someone on our team will test it out. If the flow is smooth and customer-friendly, we will reply with next steps, including our privacy and security guidelines.