Automate Your Stablecoin-to-Bank Transfers: Full Setup Demo
In this video, we provide a step-by-step walkthrough of how to seamlessly bridge the gap between digital assets and traditional banking. You’ll see the entire lifecycle of a Liquidation Wallet, from the initial business entity configuration and secure KYC verification via Persona to the final stage of connecting your bank account through Plaid. By the end of the demo, you will understand how to automate the conversion of stablecoins directly into your business bank account, ensuring maximum flexibility across multiple networks while maintaining full regulatory compliance.
Video Transcript
Accepting stable coins to your bank account with liquidation wallets is easy. Create a new entity. Just enter the information about your business.
You probably set up your business entity during the setup process. If not, you can easily do so now.
Request the KYC links. Click through to accept the terms of service. Then click verify and complete the fast process with Persona.
Once you’re verified, you’re ready to connect your bank account and set up the liquidation wallet.
From the web 3 wallet tab, just create a new web 3 wallet. Choose liquidation wallet. Open configuration.
After selecting the business entity you configured and verified, you can choose a new bank account. Manual requires entering the routing information while Plaid makes the process super simple.
With the bank account connected, we can configure the liquidation wallet accounts. Select the stable coins and networks you want to support.
You can choose select all for maximum flexibility. The accounts are automatically configured and your liquidation wallet is ready to use.