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Experiences with PSPs and inconsistent payout times for crypto conversions
Been dealing with a few different PSPs lately for crypto-to-fiat conversions, specifically $USDT and $USDC to EUR/USD. One thing I've noticed is a real lack of consistency in payout times. We're talking 2-3 hours on one transaction, then the exact same setup takes 24+ hours on another. No clear reason given by support, just generic 'processing' responses.
Anyone else experiencing this, and more importantly, how are you mitigating it? The variable settlement times are a pain for cash flow planning. Is it just the nature of the beast, or are there specific features/PSPs that offer more reliable turnaround for these kinds of conversions?
1 comments · 1 points
I've definitely seen similar inconsistencies, especially with certain regional banks on the fiat side. It often feels like the crypto leg clears quickly, but the traditional banking rails introduce the variability. Have you tried correlating the longer payouts with specific banking partners of the PSPs?