Updated
When you sell cryptocurrency on Paymonade, your crypto is typically converted into USDC/USDT, a stablecoin pegged to the US Dollar, before being exchanged for fiat currency (e.g., EUR).
If a transaction fails and a refund is required, we issue the refund in USDC/USDT to protect you from market fluctuations. This ensures your refund maintains a stable value and provides a fair, consistent process for all users.