Instant, fully-regulated access to USD stablecoins.
Move freely between local currency and digital dollars. Mint USDC or USDT straight into your Luno wallet, or redeem back to local currency, in real time.
1:1 minting & redemption · Real-time settlement
Receive USD $10,000
Into your US dollar account
Instantly mint USDC or USDT
1:1 (10,000 USDC)
Deliver to your Luno wallet
10,000 available
Redemption works the same way in reverse.
How it works
Open account
Get your own US dollar account details, plus a Luno wallet for USDC and USDT.
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Mint
Receive dollars or local currency and get USDC or USDT 1:1 in your Luno wallet, instantly on settlement.
ZAR
USD
$
R
R
$
ZAR
USD
$
R
R
$
USD
$
$
Redeem
Convert stablecoins back to local currency whenever you need.
Fedwire deposit: same business day. ACH deposit: 1–3 business days. Mint to USDC/USDT: instant on settlement. Available in Luno: minutes after settlement.
Available in
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Philippines
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Indonesia
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Nigeria
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South Africa
Instant minting available at launch across all listed markets.
1:1 minting
Minting and redemption ratio
Multi-sigprotection
Institutional-grade custody with offline storage
15 million +
Luno customers worldwide
Instant
The world’s largest regulated stablecoin, issued by Circle.
Affordable
Each USDC is backed by cash and cash equivalent assets like short-term government reserve instruments.
Regulated
Each USDC is backed by cash and cash equivalent assets like short-term government reserve instruments.
Secure
Each USDC is backed by cash and cash equivalent assets like short-term government reserve instruments.
Regulatory disclosures
Luno Minting is compliant, and each stage of the flow is handled by a regulated service provider, Luno and Meridian.
Payment services: Ordering & settlement
Local-side payment and settlement services are provided by Meridian.
Local on-ramp: Currency on- and off-ramp
Converting local currency into US dollars and back is provided by Meridian.
Digital assets: USDC & USDT minting
Minting and redemption of USDC and USDT is provided by Luno.
Frequently asked questions
What is Luno Minting?
A way to move between local currency or US dollars and USD stablecoins, USDC or USDT, 1:1, in real time, through your Luno wallet.
How does minting work?
Open your account, receive dollars or local currency, and get USDC or USDT 1:1 in your Luno wallet, instantly on settlement.
How does redemption work?
Convert USDC or USDT back to local currency whenever you need, the same way in reverse.
Which markets are available at launch?
Philippines, Indonesia, Nigeria, Kenya and South Africa.
Is my money safe?
Each stage of the flow is handled by a regulated service provider, Luno and Meridian.
Does Luno issue USDC or USDT?
No. USDC and USDT are stablecoins issued by third parties. Luno provides the account, minting and redemption infrastructure, not the stablecoins themselves.
What does it cost?
Pricing is set per customer, based on your volume and requirements. There’s no standard published rate.
MINTING