Receive
Fiat accounts
USD, EUR, GBP, SGD and HKD accounts, so clients pay you like a local.
Stablecoins
USDC and USDT straight to your Elephants wallet address. Some incoming crypto needs a quick confirmation before it’s ready to use.
Invoices
Bill in USDC or USDT and track each payment against its invoice.
Hold (Business accounts)
Multi-currency balances
Each currency sits in its own balance, all in one dashboard.
Convert
Switch between currencies in-platform, with the rate shown before you confirm.
Stablecoin or fiat
Hold USDC and USDT alongside your fiat currencies, and convert between them in-platform with live transparent rates shown before you confirm.
Pay
Transfers
Send to 100+ currencies via local rails and SWIFT.
Bulk payouts
Bulk pay multiple recipients in a single run. Save and maintain contacts in your address book, then pay them again in a few taps.
Elephants to Elephants
Send to any Elephants account using their Ele ID. Instantly 24/7 fee free.
Saved every week with
everything in one place.
Frequently Asked Questions
Can I invoice clients in USDC?
Yes. Invoicing is built into Elephants and settles in USDC or USDT. Create the invoice, send it to your client and track it from the Invoices tab, marking it as paid once the funds arrive. Payments of $1,000 or more that arrive without Travel Rule details are held until you confirm them in the Activity Center.
Is there a business account that holds both USDC and USDT?
Yes. Receive, hold and send USDC and USDT in the same Elephants account you use for fiat, with no separate exchange account to manage. Adding either stablecoin is free of Elephants fees, though USDT carries an FX rate because it doesn’t always trade 1:1 with USD.
How do I convert USDC or USDT to fiat?
Convert right inside your Elephants account. You’ll see the FX rate before you confirm, so there are no surprises. Businesses can hold fiat in USD, EUR, GBP, SGD and HKD, depending on where the business is registered and its industry.
Can I pay contractors in USDC or USDT?
Yes. Pay contractors and suppliers in USDC, USDT or fiat, all from your Elephants account. Stablecoin payouts just need your recipient’s name and physical address. Fiat payouts reach 100+ currencies through SWIFT, SEPA and local rails, with a core set ready in the app and more available on request.
Can I export stablecoin transactions for accounting?
Yes. Export your full transaction history as a CSV from the Transactions page, ready to import into Xero, QuickBooks or whichever accounting software you use. Owners and Admins can also ask Ele on WhatsApp for a CSV covering any period.
Is Elephants a bank account alternative for a crypto business?
Yes. Elephants is a non-bank platform for international payments, registered with FINTRAC as a Money Services Business and with the Bank of Canada as a Payment Service Provider. Receive, hold and pay in stablecoins and fiat, all from one place built around how crypto-native teams work.
What currencies can I hold besides USDC and USDT?
Business accounts can hold USD, EUR, GBP, SGD and HKD in Multi-Currency Virtual Accounts and convert between them in the app, with the rate shown before you confirm. Which currencies you can open depends on where your business is registered and your industry. Sending goes further, with 100+ currencies available through local rails and SWIFT.
