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As part of the onboarding process you will be asked to decide if you’d like to settle in fiat or crypto. If you choose fiat, we will make underlying wallets for you.

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Loop’s off-ramping process is designed to be completely automated once initial setup is complete:
  • Setup: Merchant completes KYC/KYB verification and provides bank account information
  • Wallet Creation: Loop automatically creates a dedicated wallet that is permanently linked to the merchant’s bank account
  • Automatic Sweeping: Every 24 hours, all funds are swept from the merchant’s wallet and automatically converted to fiat
  • Bank Transfer: Converted funds are immediately transferred to the linked bank account
This process requires no merchant intervention once configured. Manual off-ramp initiation is also available upon request for merchants who prefer more control over timing.