Reserves, every hour
100.6%
of customer balances, held 1:1 or better
- Short-term government bills61.8%
- Cash at regulated banks38.8%
Attested at the top of each hour. Demo figure.
Stablecoin settlement network
Send once. Arrive anywhere.
Refract routes each payment across chains, currencies and bank rails, and settles it in seconds. You see every fee before you send.
- Median arrival
- 4.2 s
- Routing fee
- 0.10%
- Destinations
- 16
- Note
- Demo figures
Why Refract
A payment shouldn't care where it's going.
Businesses keep money in one form and owe it in forty. Today that means a different provider, fee and waiting time for every corridor. Refract turns it into one call: send digital dollars or a bank transfer in, and the recipient gets the currency, rail or wallet they asked for.
Seconds, not days
Instant rails and digital dollars settle while you watch; slower rails are named up front.
Fees before you send
Network, conversion and payout costs are itemised in the quote, and the quote is what you pay.
One balance, every rail
Hold one balance; the router picks the path with the best total, not the best headline rate.
Route a payment
See the route before you send.
Pick an amount and a destination. Refract prices three routes and holds the best quote for 30 seconds. Rates and fees here are demo values.
They receive
—
Arrives in
—
Quote held for 30 s
How it flows
Four seconds, four steps.
0.0 s
Signed
You approve the payment from your balance or your bank.
0.9 s
Routed
The router compares every path and takes the best total, not the best headline rate.
1.6 s
Converted
Digital dollars become the recipient's currency at the rate in your quote.
4.2 s
Paid out
The local rail credits the account, and both sides get a receipt.
Who it's for
Built for people who pay people.
-
Marketplaces paying sellers
Pay thousands of sellers in their own currency from one balance, on a schedule or on demand.
-
Teams paying people
Run payroll across borders in minutes, with each person paid to the account they choose.
-
Businesses paying suppliers
Settle invoices abroad the same day, with the exact amount the supplier expects.
Coverage
Where money can arrive.
| Currency | Rail | Typical arrival | Hours | Per payment | Action |
|---|
No destination matches that search.
Proof
Proof, not promises.
Every leg, on record
Payment 7f3a…c91e
- Signed0.0 s
- Routed on an L20.9 s
- Converted, 1 USD = 0.9215 EUR1.6 s
- Paid out to a EUR bank4.2 s
Each leg is a public record anyone can check. Demo receipt.
Your keys, your limits
- Spending limits per key and per day
- Allow-lists for recipients and rails
- Two-person approval above a threshold
- Keys revoked in one click
Example key policy
- Key
- payroll-eu
- Daily limit
- 250,000 USD
- Second approver
- above 50,000 USD
- Rails
- EUR and GBP banks
FAQ
Asked often.
What is Refract?
A routing network for payments. You send once, from digital dollars or a bank transfer, and Refract delivers the currency, rail or wallet the recipient needs, with every fee shown first.
What does it cost?
A 0.10% routing fee (at least $0.50, at most $50), plus the network, conversion and payout costs of the route you pick, all itemised in the quote.
How fast is it?
Digital dollars arrive in seconds, instant bank rails in under a minute. Slower rails, like same-day or next-day banks, are named before you send.
Who holds the money on the way?
Balances sit in segregated reserves, attested every hour; a payment in flight is always a public record you can check.
Can I control what my team sends?
Yes: limits per key, allow-lists for recipients and rails, and two-person approval above an amount you choose.
Is this a real service?
No. Refract is a design concept with demo rates and figures. Nothing on this page can send money or connect a wallet.