USDC$74.2B ▲
USDT$121.4B ▲
US→BR median fee0.38% ▼
New listings 7d0
MethodologySign in
Corridors/APAC/HK → US

Hong Kong to United States

8 providers cover Hong Kong → United States and median settlement of 0s — 4 with licence claims on file.

Providers
8
Median all-in
—
Median settle
0s
Licensed locally
4
MiCA — CASP authorisation direct or partner
Enquiries 30d
0
to providers on route
Enquiries · 6 months
0no briefs in last 30 days
Scope
Enquiries sent to any of the 8 providers on this route
Last 30 days
0 buyer briefs received
6-month total
0 across 6 months
0
0
0
0
0
0
MayJunJulAugSepOct
Route requirements
✔
Local payout in United States
5 payment methods documented across 8 providers.
✔
Hong Kong funding route
8 providers list coverage originating from or into this pair.
✔
Regulatory coverage
4 of 8 providers publish at least one licence claim.
✔
Disclosed pricing
1 providers filed an all-in fee on this corridor.
Post an RFP for this route
The short answerCOMPUTED 29 OCT 2026 · 14:45 UTC

Sending HKD to United States on stablecoin rails settles in 0s, across 8 providers. The cheapest verified option is OKX at 0.08% with direct ACH settlement; the fastest is Citi Token Services at instant credit. You do not need a United States entity — 4 providers settle through a MiCA — CASP authorisation-authorised partner.

Cite: The Stablecoin HQ, HK→US Corridor, 29 Oct 2026 (n=8 providers)
Methodology
Providers on this routeRanked by verified review score
1
B
Bullish✓ VERIFIED
Bullish is an NYSE-listed institutional exchange with licences in Hong Kong, Germany and Gibraltar; Global Dollar Network partner.
2
C
Citi Token Services offers 24/7 cross-border tokenised deposit payments for corporate clients.
3
H
HSBC✓ VERIFIED
HSBC offers tokenised deposit services and received one of Hong Kong's first stablecoin issuer licences in April 2026.
4
I
Interactive Brokers offers crypto trading via Paxos and Zerohash and accepts stablecoin account funding.
5
I
Interlace✓ VERIFIED
Interlace lets businesses issue branded physical and virtual cards with stablecoin settlement, manage multi-currency accounts and move money on stablecoin rails.
6
O
OKX✓ VERIFIED
OKX provides spot and derivatives trading, OKX Wallet, OKX Pay and stablecoin payment cards.
7
P
PhotonPay✓ VERIFIED
PhotonPay offers multi-asset wallets, stablecoin and fiat acceptance, global payouts, FX and corporate cards from one platform.
8
R
Reap✓ VERIFIED
Reap provides card issuing, corporate cards and cross-border payments settled in stablecoins; acquired by Kraken's parent Payward for $600M in 2026.
Showing 8 of 8 providers
Cost distribution8 providers · all-in, $250K/MO band
0.20–0.35%
1
0.35–0.45%
0
0.45–0.55%
0
0.55–0.70%
0
0.70%+
0
Not disclosed
7

Self-reported pricing at the $250k – $1M band. 1 of 8 providers disclose an all-in fee; 7 have not published pricing at this band yet.

HK → United States · corridor briefingRESEARCH DESK12 UNIQUE DATA POINTS · 11% SHARED

What it costs to move HKD to United States, and what drives the price

8 providers cover HK → United States with median settlement at 0s. 8 document ACH on this route. 4 publish at least one licence claim for United States.

When spreads are tight, structure separates providers: whether they hold local authorisation, whether FX is locked at quote or at execution, and whether reconciliation output matches your ledger without manual work. Buyers who switch providers usually cite the third, not the first.

Volume changes the answer. Below roughly $250,000 a month, API-first ramps usually win on integration speed and no minimums. Above it, desks with their own local book often price meaningfully tighter and will negotiate.

Providers
8
Median all-in
—
Median settle
0s
Locally licensed
4

All-in fee bands on this route

From provider-filed pricing on this corridor. Updated when commercials change.

0.20–0.35%
Providers: 1Share: 13%

Which provider type fits your volume

The answer inverts at roughly $250k a month. This is the single most useful rule on this route.

Under $100k / moAPI-first ramps. No minimums, fastest integration, published rates — negotiation is rarely available.
$100k – $250k / moStill ramps, but ask for the volume tier in writing before you assume published pricing applies.
$250k – $1M / moDesks with local liquidity in United States often price below ramps here. This is the band where the choice actually changes the number.
Over $1M / moBoth types negotiate and often converge within a few basis points. Decide on FX lock behaviour and reconciliation output instead of price.

Hong Kong → United States, answered

From real buyer questions. Marked up as FAQPage.

Only 1 of 8 providers have published an all-in fee on this route so far — shortlist on rail access and authorisation, then compare live quotes.

Median 0s end to end. Providers that pre-fund USD locally credit in seconds; those converting per transaction take longer at weekends.

What the median hides

7 of 8 providers on this route have not published an all-in fee yet. That gap often means the route is under-reported rather than expensive — buyers who skip unmeasured corridors sometimes miss the least contested pricing.