Say what is not covered
A USDC balance is not a bank deposit, and no deposit guarantee scheme covers it. That sentence appears on every page of this site, not in a footnote on one of them.
About
Local money in, local money out
Moving money between countries is usually slow because it is routed through correspondents who do not know each other. We take a shorter path: domestic rails on both ends, a dollar-denominated balance in the middle.
What we build
Plumbing, stated plainly
Yerba Tsede is three things: virtual accounts that collect in six currencies, a balance held in USDC, and payouts back onto local rails. We would rather describe it that way than call it a revolution.
The parts we spend most time on are the unglamorous ones — whether a destination is authorised, whether a recipient passes screening, whether every movement can be reconstructed a year later. Those are the parts that decide whether a payments business survives.
The company
Who you are dealing with
- Legal entity
- BABG TECH LTD, registered in England and Wales.
- Company number
- 17276222
- Registered office
- 128 City Road, London EC1V 2NX, United Kingdom
- Service
- Yerba Tsede
- Banking partners
- Banking Circle (Europe, UK) and Lead Bank (United States)
How we work
Three habits
Quote before confirming
Rates on this site are indicative. The rate and fees that apply to you appear on the quote, before you confirm — never after.
No overrides
A control that can be waived for a good customer is not a control. If a destination is not authorised, the payout cannot be created — by you, or by us.