Skip to main content

Overview

Currency Exchange allows merchants to convert one fiat currency to another within the HyperRail application. HyperRail executes fiat-to-fiat exchanges using stablecoins as the settlement layer, delivering faster execution, transparent pricing, and reliable liquidity.

When to Use Currency Exchange

  • Converting balances between fiat currencies
  • Managing multicurrency treasury holdings
  • Preparing funds for local payouts in another currency
  • Reducing exposure to currency fluctuations

How a Fiat Exchange Works

1

Login

Login to your HyperRail account and head over to trade
2

Select Currencies

Choose the source fiat currency, the destination fiat currency, and enter the amount to exchange.
3

Review Rate

HyperRail displays the current exchange rate and expected payout amount.
4

Confirm Exchange

Confirm the transaction to lock the rate and begin processing.
5

Receive Funds

The exchanged fiat is credited to your HyperRail balance once completed.

Transaction Statuses

Fiat exchange transactions follow these statuses:
  • pending – Exchange in progress
  • successful – Funds successfully exchanged
  • expired – Transaction expired
  • insufficient-balance – insufficient wallet balance
  • failed – Transaction unsuccessful

Important Notes
  • Rates are shown before confirmation
  • Final rates are locked at confirmation
  • Execution depends on liquidity availability
  • All exchanges are recorded for audit and reconciliation