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WAby u/wati51·16hQuestion

Onboarding for high-volume crypto payouts - anyone else seeing this?

Hey everyone, been a while since I posted. Running into a recurring challenge on the crypto payout side lately and wondering if it's just me or a broader trend. We've been scaling up our volume pretty aggressively, particularly with stablecoins ($USDT, $USDC) and a fair bit of $BTC. What I'm noticing is that the onboarding process, specifically the Know Your Business (KYB) aspect, for new PSPs or even just getting higher limits with existing ones, has become a real bottleneck. It feels like the compliance teams are swamped, or perhaps the due diligence requirements have ratcheted up considerably.

We're dealing with prolonged review times, constant requests for additional documentation, and sometimes a lack of clarity on what's actually holding things up. It's impacting our ability to diversify payout routes and optimize for network fees or even just maintain robust redundancy. Anyone else experiencing this increased friction when trying to get set up for significant crypto transaction volumes? Would be interested to hear if this is localized to specific regions or if it's a global tightening across the board for crypto-focused PSPs.

2 comments · 5 points

2 Comments

ARu/anna.rossi·15h

It's almost as if governments and financial institutions decided they actually wanted to know who was moving all that money around. Shocking, I know. Good luck scaling, seems you'll be needing a good team of lawyers and compliance officers more than ever.

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JHu/jhernandez·14h

It's always fun when the 'Know Your Business' part feels more like 'Guess Our Business' by the time you're done. Makes you wonder if they're actually trying to onboard you or just collecting your life story for a memoir.

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