Finally, a home for multi-currency stablecoins.

Sera is the world's only FX onchain venue. Deposit your stablecoin once, quote against 40+ others, earn the spread on every cross-currency swap that routes through it.

Talk to Sera's BD Team →

Deposits

$1.81M

Avg trade size

$3,010

Why deploy on Sera

Earn the spread every time your stablecoin moves.

Two sides of the same flow. You earn from every cross-currency swap that routes through your stablecoin. Your users get FX onchain at rates banks and Wise can't match.

For you · the issuer

Distribution + yield, on autopilot.

Earn the spread on every cross-currency swap that routes through your stablecoin. No manual market-making.
One deposit, every pair. Single integration plugs into 20+ currency corridors via Sera's Virtual Liquidity primitive.
Own 100% of yield if you market-make your own exchange rates — or we intro you to a market maker in our network and the yield splits accordingly. Sera handles routing, MMs, and quote generation either way.
Sera's network — wallets, PSPs, remittance apps, FX arb desks — surfaces volume into your token from day one.

For your users

Best-rate FX, no bridges.

5-10 bps spreads on average — vs. 35–55 bps on Wise / Revolut and 100–300 bps at banks.
20+ currencies, 40+ stablecoins, atomic settlement. No bridging, no wrapping, no slippage.
Spendable anywhere Sera is integrated — wallets, PSPs, remittance apps, and payment rails route the stablecoin natively, no unwrapping or bridging.
Earn yield while you hold. Park into Sera's Virtual Liquidity vault and capture spread every time someone routes a trade through it — passive capital gain, no active management.
Self-custody throughout. Sera never holds user funds — vault contracts settle directly between counterparties.

Live on Sera

Stablecoins liquidity issued on Sera.

Four stablecoins are already deployed and earning on Sera, spanning two USD-pegged majors and two regional currency stablecoins (SGD and MYR).

USDT

Tether

USD

Volume

US$2.12M

Transactions

410

Avg trade size

US$5,161

USDC

Circle

USD

Volume

US$1.04M

Transactions

455

Avg trade size

US$2,290

XSGD

StraitsX

SGD

Volume

S$579K

Transactions

599

Avg trade size

S$967

MYRT

MYRT issuer

MYR

Volume

RM5.30M

Transactions

139

Avg trade size

RM38,131

§ 01 · solution

One deposit. Every pair quoted.

Traditional rails make you seed every pair manually — your stablecoin against USDT, against EURC, against every token a user might swap into. Capital fragments. Distribution caps at whatever pairs you can afford to seed.

Sera's Virtual Liquidity primitive turns one deposit into quotes against every supported pair on demand. 30,000+ pair combinations from a single LP position. N×N direct routing — no USD bridges, no double-spread, no per-pair cold start.

30k+

pair combinations

N×N

direct routing

>100×

capital efficiency

§ how it works

From one deposit to every swap.

Four stages. One liquidity pool. Set your rates once; Virtual Liquidity quotes against every supported pair and every user swap routes through the same balance.

§ 02 · solution

One API. Every downstream surface.

Making a stablecoin actually usable is a full engineering org of work — wallet integrations, PSP partnerships, CEX listings, oracle feeds, routing infrastructure, compliance attestations. Most issuers don't have it.

Sera ships the stack. One integration plugs you into the entire downstream network. We handle the PSPs, the exchanges, the routing, the oracles. Your team writes the smart contracts and the regulatory work; everything else is downstream.

SDK · one integration

∞

downstream surfaces

CertiK

audited · production

Where rates come from

Multi-source FX reference data, CLOB-priced.

Sera doesn't set prices — market makers do. The CLOB below is where price discovery actually happens: 70+ market-maker desks quoting against a multi-source FX reference feed aggregated from 50+ banks, 10+ PSPs, and 10+ FX houses. Virtual Liquidity quotes against the CLOB mid; the Dutch Auction AMM clears overhangs. As an issuer you don't have to source a rate — the market maker network does it for you.

50+

Bank rate feeds

10+

PSP rate feeds

10+

FX house feeds

Sera Protocol · For issuers

Hybrid Liquidity Architecture.

Three engines solving the cold-start problem at different frequencies: active market-making on day one, passive vault depth at scale, and on-demand fills when neither is enough.

CLOBv0

Live

For Market Makers & Arbitrageurs

Central limit order book.

Active market-making primitive. Professional desks quote tight two-sided spreads and arbitrage mispricings across the book.

mechanismLimit order book

benefitTight spreads

userMMs · arb desks

Virtual Liquidityv1

Live

For Issuers & LPs

Virtual Liquidity.

One deposit. Quotes against every supported pair on demand. Sera indexes every LP position into a unified balance sheet, then synthesises quotes across 30,000+ pair combinations — TVL never sits idle, and a stablecoin gets routed by any flow on the network without seeding each pair individually.

mechanismVirtual Liquidity

benefit30k+ pairs · N×N

userIssuers · LPs

Dutch Auction AMMv2

Q3 2026

For deep-liquidity events

Dutch Auction AMM.

Price-descending fills for large size. The curve opens at a high posted price and descends until it meets a buyer — block trades clear at a transparent, time-bounded price rather than hitting a single CLOB level and slipping.

mechanismDescending price

benefitBlock-size fills

fee range0.01–0.1% / t

Solving the cold-start problem via triple-engine liquidity

How it works

Three ways in. One way out.

Run your own book via API, park TVL in the passive vault, or let Sera's MM network handle market-making on your behalf. Every path plugs you into the full distribution network.

Input A · Active · CLOB

Run your own book.

Define exchange rates via API. Act as your own market maker. Quote two-sided spreads against any pair.

Input B · Managed · MM Network

Let Sera's MMs handle it.Recommended

Hands-off. Sera's MM network works with you to provide liquidity and drive trade volumes for your stablecoin. You focus on issuance and compliance; we handle the market.

70+ MM desks·continuous quoting·zero issuer setup

50+ central banks·10+ PSPs·10+ FX houses

Input C · Passive · AMM · Q3 2026

Park TVL. Earn yield.

Deposit liquidity. The FCIC AMM handles routing, market making, and yield generation automatically. No engineering required.

50 / 50 capital gain split

Issuer · Sera Protocol

Output · One integration

Plugged into every downstream surface.

Arbitrageurs, CEXs, DEXs, apps, PSPs, payment rails, and 70+ other stablecoin issuers already routing through Sera.

See the full network ↓

How we drive volume · GTM

Six channels routing into your token.

Sera's GTM isn't waiting for organic demand — six distinct volume drivers actively route trades into the protocol, and every one of them touches your stablecoin the moment you deploy. List once, Virtual Liquidity quotes your token across 30,000+ pair combinations, and every PSP, CEX, remittance app, and arbitrageur in the network can hit it from any source currency — no per-pair seeding, no per-venue listings.

Builders

Developers & Apps

Remittance, payments, DeFi.

Startups building on Sera infrastructure — cross-border remittance, payment platforms, DeFi applications — route to your stablecoin by default.

$10B+ vol

Payment Providers

Major PSPs & payment rails.

PSPs like Circle, Reap, and FomoPay integrate Sera for multi-currency settlement. Every cross-border transaction routing through their rails can land in your stablecoin — putting your token in the path of billions of dollars of annual PSP flow on day one.

ASEAN focus

Remittance & OTC

Cross-border settlement.

Remittance networks and OTC desks enabling instant local-currency settlement across Southeast Asia and beyond.

Liquidity

Exchanges

CEX & DEX listings.

Every CEX and DEX in the Sera network quotes against your token automatically — no separate listing process, no integration cost. Trading flow that hits any pair in the book can pull your stablecoin as the cheapest leg, surfacing volume that would never reach a single-venue listing.

Tight spreads

Arbitrageurs

FX triangular arb desks.

Professional arbitrageurs hunt mispricing and pricing inefficiencies across the full stablecoin book — especially FX triangular arbitrage. Their activity compresses spreads and keeps continuous quotes live on every pair your stablecoin trades against.

70+ partners

Issuers

Other stablecoin issuers.

Day one your token is swappable against every other stablecoin on the network — N×N direct pairs, no USD intermediary. Holders of any other issuer's token can route into yours through a single transaction, instead of paying spread twice on two-hop USD bridges.

Ready to build?

Two steps to list on Sera. Get distribution, liquidity, and infrastructure without writing a line of protocol code.

Step 01

Deposit liquidity.

Park funds and set your own daily rate versus USD via the Sera API. Run your own book, deposit to the passive vault, or let Sera's arbitrageur network quote on your behalf.

minimum deposit: 50,000 USD equivalent

rate control: API or Manual via UI

passive yield: Q3 2026

Step 02

Handle KYC & offramp.

Manage your own compliance framework and process withdrawals through local fiat rails. You keep regulatory sovereignty — Sera provides the liquidity layer.

compliance: Issuer-owned

offramp rails: Local jurisdictions

reserves & reporting: Attested and/or Audited

Listing eligibilityRegulated issuers only

We list regulated, 1:1 fiat-backed and/or government-bond-backed stablecoins.

Eligible

✓1:1 fiat-backed (USD, EUR, SGD, etc.)

✓1:1 government-bond-backed

✓Regulated issuer entity

✓Third-party attested reserves

Not eligible

✗Algorithmic stablecoins

✗Crypto-collateralized stablecoins

✗Commodity or equity-backed tokens

✗Unregistered or unregulated issuers

Sera's distribution is built for real economic flow. We restrict listings to high-quality, fully-reserved stablecoins so downstream integrators — PSPs, remittance networks, wallets — can route confidently through the network.

Talk to Sera's BD Team

We review every qualified inquiry. Expect a reply within 1–3 business days.

FAQ

Issuer questions answered.

What does Sera Protocol do for stablecoin issuers?

Sera provides distribution, liquidity, and settlement infrastructure for stablecoin issuers. One integration plugs an issuer into every surface routing through the protocol — 600+ stablecoins, PSPs, wallets, exchanges, and payment rails.

Why do most new stablecoins fail to gain traction?

Three reasons: cold start (no distribution or volume on day one, so no utility), pairing limits (forced to anchor against USDT and pay the spread twice on every cross-currency move), and engineering burden (integrations, oracles, and liquidity APIs that require dedicated teams most issuers don't have).

How does an issuer onboard a stablecoin onto Sera?

Three paths. Run your own book via API — define exchange rates and quote your own spreads. Let Sera's MM network handle it — 70+ market-maker desks provide continuous quoting with no setup on the issuer side. Or park TVL via the Virtual Liquidity primitive, where one deposit quotes across every supported pair and routing, market-making, and yield generation are automatic.

Does the issuer need to manage liquidity themselves?

No — managed is an option. Sera's MM network can provide liquidity and drive trade volumes for an issuer's stablecoin on their behalf, leaving the issuer to focus on issuance and compliance.

What downstream surfaces does one Sera integration unlock?

A single integration plugs the stablecoin into the full downstream network — arbitrageurs, CEXs, DEXs, applications, PSPs, payment rails, and 70+ other stablecoin issuers already routing through the protocol.

How is yield split in Sera's passive Virtual Liquidity vault?

In the Virtual Liquidity vault, yield generated by deposited liquidity is split 50/50 between the issuer and Sera Protocol. No engineering is required from the issuer; the protocol handles routing and market-making automatically.