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USDCx Payments

ZK Factor supports payments in USDCx, a stablecoin on the Aleo network, as an alternative to native ALEO tokens.

Why Use USDCx?​

  • Stable value — pegged to USD, so the advance amount doesn't fluctuate with ALEO's price
  • Familiar pricing — invoice amounts in dollars make more sense for most businesses
  • Same privacy — USDCx transactions on Aleo have the same zero-knowledge privacy as ALEO

How to Use It​

When Creating an Invoice​

Select USDCx as the currency in the invoice creation form. The amount will be denominated in USDCx micro-units (6 decimal places, same as USDC).

When Factoring​

When authorizing factoring, choose USDCx as the payment currency. The factor will send the advance in USDCx instead of ALEO.

Requirements​

  • The factor must have sufficient USDCx balance (public) to fund the advance
  • Transaction fees are still paid in ALEO regardless of invoice currency
  • Both parties must be on the same network (testnet or mainnet)