Transaction monitoring

Identity checks happen once, at onboarding. Monitoring happens on every payment afterwards. Rules look at amounts, frequency, counterparties and geography, and compare what a customer does with what was expected of them. For stablecoin payments, the wallets involved are screened as well, which is often called KYT, or Know Your Transaction.

When a payment is flagged, it may be held while someone reviews it, and the customer may be asked for more information.

On Stables, monitoring runs on deposits and payouts as part of the payment flow. Requests for information appear in the dashboard and through the API, and you answer them in the same place.