Nium alternative for stablecoin payouts
Nium takes USDC to fund payouts. Unigox, a Nium alternative for fintechs holding USDT or USDC, works both ways: it pays customers local currency from that balance, and their payments arrive as stablecoins. Keep Nium for fiat-funded payouts and cards.
When to stay with Nium
You fund payouts in fiat and need wide reach
Nium pays bank accounts, cards and wallets in almost every country from one integration, takes fiat or USDC, and accepts payment instructions over your existing Swift connection. It also checks beneficiary accounts before you send.
You want cards and accounts under your own brand
Nium runs card programmes in many markets with no BIN sponsor of your own and has opened card issuing in the US. It also issues local accounts in your customers' names under your brand, with balances in many currencies.
Your company is in the United States
Unigox does not currently offer its services in the United States, and Nium lists money transmitter approvals in 36 US states.
Nium and Unigox for stablecoin payouts
| Topic | Nium | Unigox |
|---|---|---|
| What it is | A payment network for banks, fintechs, enterprises and platforms: cross-border payouts, multi-currency accounts, cards, FX and account verification through one integration. | A Payments API that pays your customers and collects from them in local currency, while your company settles in USDT or USDC. |
| Funding in stablecoins | USDC only, for eligible corporate clients. Nium converts it to USD on arrival and pays out through its fiat network; you manage no crypto wallet or keys. | USDT or USDC, topped up in advance in your partner wallet. Your server signs each transfer into on-chain escrow; a payout that stops waits there until your server signs the refund. |
| Collecting from customers | Multi-currency accounts that collect over domestic rails and hold balances in many currencies, in your company's or your customers' names. Its stablecoin pages describe USDC as a way to fund payouts. | Your customer pays by bank transfer or mobile money, and USDT or USDC reaches your partner wallet once the payment is confirmed. |
| Who pays the recipient | Nium's own network, over local rails such as PIX and Faster Payments, to bank accounts, wallets such as M-Pesa, and cards. Its payouts page also lists stablecoin delivery. | A payment business connected to Unigox or an individual P2P merchant, to the customer's own bank or mobile money account. A quote can be limited to payment businesses. |
| Pricing and your margin | No public price list. FX pricing is tiered by corridor, volume and client type, and you can add your own FX markup. | No single rate: each quote lists the rate, the Unigox fee, your own percentage fee and the total before you create the order. |
| Testing | Self-serve: a Nium Web Portal account, opened with an email and MFA, gives access to the sandbox. | A sandbox with the same endpoints as production, opened after company verification and setup. |
| Regulation | More than 40 licences, authorisations and registrations. Among them: e-money institutions in Lithuania, Malta and the UK, a Major Payment Institution in Singapore and money transmitter licences in 36 US states. | Unigox works through two companies: UNIGOX NETWORK CORP. in Canada handles the local-money side and is registered with FINTRAC as a money services business and with the Bank of Canada as a payment service provider; UNIGOX NETWORK CORP. in Panama handles the crypto side, including wallets and escrow. |
UnigoxAdd Unigox beside Nium in three steps
Verify your company
Book a call to agree your markets and setup, then pass company verification (KYB). Your Nium onboarding does not carry over, and API credentials follow approval.
Build against the sandbox
Request a quote, create an order and sign the transfer, with the Postman collection and signing examples in Python, JavaScript or C#.
Fund the partner wallet
Move USDT or USDC into your partner wallet and switch to the production key. Every customer completes a Unigox identity check before a first order.
Questions about Nium competitors
Which Nium competitors accept USDT to fund payouts?
Unigox is one: the Payments API takes USDT or USDC from your partner wallet and pays your customer in local currency. Nium's stablecoin funding takes USDC only and converts it to USD before the payout.
Is there an alternative to Nium for collecting into stablecoins?
Yes. With the Unigox Payments API your customer pays in local currency by bank transfer or mobile money, and your company receives USDT or USDC. Nium's multi-currency accounts collect over domestic rails and hold balances in many currencies.
What are companies like Nium for a fintech that holds stablecoins?
It depends on where your balance sits. If it is in USDT or USDC, Unigox pays out and collects in local currency against it once your company passes KYB. Other payout and stablecoin companies are compared on their own pages.
See all business comparisonsCan we keep Nium and add Unigox?
Yes. A common split keeps fiat-funded payouts, cards and branded accounts on Nium. Payouts you fund from a USDT balance go to Unigox, so that balance does not have to become USDC first. Unigox verifies your company and each customer on its own and pays out from a partner wallet you top up in advance.
Talk to us about your payout markets
Tell us which payout markets you fund through Nium and how much of that money sits in USDT or USDC. We check those currencies against the Payments API before your developers open the sandbox.
Nium and other names and logos are trademarks of their respective owners. Unigox is not affiliated with, endorsed or sponsored by them. Information about other companies comes from public sources, mainly the companies' own websites, and each company can change its products and fees at any time.