Q3 2024 Product Updates

We’re excited to share the latest improvements and features we’ve been working on over the past quarter. Our team has been hard at work to bring you new tools and enhancements designed to help you get the most out of Cybrid.

Whether you're a longtime partner or just starting out, these updates are all about making the customer experience smoother, more powerful, and even more intuitive. Let’s dive into what’s new and what's coming!

New Features

• Easily keep track of your customer accounts and amounts per account with Multiple Fiat Accounts.

• Ensure funds are not being delivered to sanctioned entities. Cybrid is now performing sanction screening of remittance beneficiaries on your behalf with Counterparties.

• Provide your customers flexibility to back out of a trade outside of normal trading hours on the evening or weekends with Unsettled Trades. 

• Configure your business name as the beneficiary, instead of Cybrid, when withdrawing funds from the platform. Read more on Transfers. 

• Enable customers to receive wires and ACH pushes with Deposit Bank Accounts.

• Improve your customer experience with real-time Webhook notifications of customer and transaction changes on the Cybrid platform.

Upcoming Features

• Bitcoin Lighting Payments enable near instance and lower cost BTC transactions for merchant and payment scenarios. Read more!
  
  
• Batch BTC Withdraws to minimize on-chain costs for multiple BTC transactions
  
  
• 3rd Party Fiat Payments provide bill-pay for businesses or individuals needing to pay their vendors.
  
  
• Non-US Customer Onboarding for entities needing to create bank accounts and accept domestic US payments
  
  
• RTP / FedNow payments for instant, 24/7 fiat payments to supporting financial institutions

💡Did You Know💡

These are the top 5 solutions fintech's are building on Cybrid: 

1. International remittance via USDC: Leverage Cybrid to compliantly onboard US residents, fund the platform, convert to USDC, and remit on-chain to your destination corridor.
   
   
2. Crypto On-ramp: Easily on-ramp from USD to USDC or BTC and withdraw to on-chain wallets
   
   
3. Crypto Off-ramp: Easily off-ramp from USDC or BTC to USD and withdraw via ACH or Wire to external bank accounts
   
   
4. P2P Money Transfers: Enable customer to customer instant transfers for onboarded individuals or businesses
   
   
5. Accept BTC Merchant Payments: Seamlessly accept BTC or BTC Lightning payments for merchants, and pay them out via USD