Which banks offer a stablecoin off-ramp and custody?

Together these two tests mean the bank will hold your stablecoins and other coins and let you sell them into a normal balance, so your cash-out never has to leave the bank. Sygnum, AMINA Bank and Swissquote lead at 15 of 16 with USDC and USDT held off balance sheet, and Xapo Bank, Wirex, Bank Frick, Bitcoin Suisse, Revolut and Anchorage Digital fill out the top; Xapo converts USDC and USDT to dollars on arrival, and Revolut dropped USDT in the EEA and Switzerland on 31 August 2026 while keeping USDC. The Swiss retail banks pass with a single stablecoin each (USDC only at PostFinance, USDC and USDT at Luzerner Kantonalbank, USDC only at BBVA Switzerland and none in the Spanish BBVA app), DBS and Standard Chartered pass as accredited or institutional offers, and the app-banks (bunq, Santander Openbank, Raiffeisen NÖ-Wien, RAKBank, Wio Bank, Liv) score partial on custody because a partner such as Kraken, Crypto Finance, Bitpanda, Fuze or Zodia holds the coins. Monerium, ClearBank, Cross River Bank, Mercury and Rebind fail custody because they hold no crypto for clients, and LHV, N26, Commerzbank and ruya fail the stablecoin test: LHV lists no e-money tokens, Commerzbank handles only Bitcoin and Ether, ruya sells Bitcoin alone, and N26 does not offer a stablecoin off-ramp.

The banks that pass

BankScoreTypeHealthP2PVerdict
Sygnum15/16Crypto-nativeSolidnoneYes, but only for qualified investors, companies and institutions. Sygnum does not take retail clients.
AMINA Bank15/16Crypto-nativeSolidnoneYes, but only for professional clients and companies. Individuals need CHF 500,000 in assets plus finance experience, or CHF 2 million.
Swissquote15/16NeobankSolidStrictYes, with fenced on-chain flows: crypto comes in only from six named exchanges or your own wallet, and never goes out to an exchange.
Xapo Bank14/16Crypto-nativeSolidUnknownYes. Bitcoin and stablecoins are the core product, though the bank publishes no policy on transfers to exchanges.
Wirex14/16NeobankUnknownStrictYes. Crypto moves freely in and out, but the card cannot buy crypto elsewhere and the old app lost its crypto features in the EEA on 30 June 2026.
Bank Frick13/16Crypto-nativeSolidnoneYes for crypto businesses, intermediaries and wealthy private clients. No walk-in retail.
Revolut13/16NeobankWatchMixedYes for individuals, with the deepest crypto stack of any app-bank. No for crypto businesses.
Anchorage Digital12/16Crypto-nativeSolidnoneYes for institutions, no for individuals.
Bunq12/16NeobankWatchMixedYes for retail through the Kraken-powered bunq Crypto tab, and for licensed CASPs on a fiat-only business account. Coins cannot leave the app.
Bitcoin Suisse11/16Crypto-nativeSolidnoneYes, for people with CHF 50,000 or more. It is a crypto broker and custodian, not a deposit bank.
Singapore Gulf Bank10/16Crypto-nativeUnknownnoneYes. Built for crypto firms, with a USD personal account that plugs straight into Binance Bahrain.
BCB Group10/16Business bankingWatchnoneYes for crypto businesses and institutions, no for individuals. BCB is a payments and settlement provider, not a bank.
PostFinance9/16TraditionalSolidMixedYes. PostFinance sells, holds and stakes crypto in its own app, but only for Swiss residents and with no way to move coins to your own wallet.
BBVA9/16TraditionalSolidMixedYes. BBVA sells and holds bitcoin and ether inside its own app in Spain, Switzerland and Türkiye, but the Spanish service is a closed loop and moving coins out costs 4%.
Standard Chartered8/16TraditionalWatchnoneYes for institutions, through spot trading, custody and stablecoins. Retail customers get little beyond the Mox app in Hong Kong.
Zand Bank8/16Business bankingSolidnoneYes for licensed businesses and institutions, no for individuals.
RAKBank8/16TraditionalSolidnoneYes. Crypto trading is built into the app, but it is a closed loop run by Bitpanda, and exchange transfer rules are not published.
SG-FORGE7/16TraditionalSolidnoneYes for institutions and crypto firms, no for individuals. SG-FORGE is a stablecoin issuer and custodian, not a retail bank.
DBS7/16TraditionalSolidnoneYes for accredited and institutional investors, with a closed loop. Ordinary retail customers get bank rails to licensed exchanges but no crypto trading at DBS.
Luzerner Kantonalbank7/16TraditionalSolidnoneYes. Crypto trading, custody and wallet transfers are built into the bank's own e-banking, for Swiss residents.
Deutsche Bank6/16TraditionalWatchnoneYes for crypto businesses and institutions, not yet for individuals.
Custodia Bank3/16Crypto-nativeCautionnoneNot really. Custodia is a chartered Wyoming bank, but today it sells blockchain infrastructure to other banks and publishes no customer account, no fiat rail and no exchange transfer service.

Click a column to sort. Health is our tag. P2P is community-reported and separate from the score.

Bank by bank

Sygnum 15 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: USDC and USDT custody, trading and conversion to fiat, plus Sygnum's own Swiss franc settlement token DCHF
Watch out: Crypto withdrawals to third-party wallets. Sygnum's help pages only describe sending to external wallets you own
AMINA Bank 15 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: Trading between fiat and BTC, ETH, USDC, USDT, EURC, PYUSD, RLUSD and a long list of altcoins
Watch out: Stablecoin rewards for US persons and anyone resident or domiciled in the EEA
Swissquote 15 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: Buy and sell about 55 cryptocurrencies, including USDC, USDT and EURC, inside a normal Swissquote bank account
Watch out: Crypto deposits from exchanges not on the whitelist, and from any custodial wallet you do not control. These are rejected and may cost extra fees
Xapo Bank 14 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: USDC on Ethereum or Solana and USDT on Ethereum or Tron, converted to USD in the account on arrival
Wirex 14 of 16 · stablecoin off-ramp: yes · custody: partial
Allowed: On-chain sends of USDC, USDT and EURC to any wallet or exchange that supports the token and network, with only the network fee charged
Bank Frick 13 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: Custody of 16 crypto assets including BTC, ETH, SOL, XRP, LTC, XLM, AVAX, LINK, DOT, ADA, XTZ, ATOM, POL, NEAR, BCH and USDC
Watch out: Only USDC is listed among supported assets. USDT and EURC are not mentioned
Revolut 13 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: Converting USD to USDC at a guaranteed 1:1 rate with no spread, and moving the stablecoin across major chains
Watch out: USDT in the EEA and Switzerland: buying stopped on 6 July 2026 and support ended on 31 August 2026, with leftover balances converted to home currency
Anchorage Digital 12 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: Minting, redeeming and exchanging eligible stablecoins for USD or other digital assets (USDtb, PYUSD, USDe named)
Watch out: Crypto held in custody is not FDIC or SIPC insured
Bunq 12 of 16 · stablecoin off-ramp: partial · custody: partial
Allowed: Buy, sell and swap more than 300 coins inside the bunq app from EUR 1, with Kraken handling trading and custody
Watch out: Coins bought through bunq Crypto cannot be withdrawn to an external wallet, and no inbound crypto deposits are offered
Bitcoin Suisse 11 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: Trade more than 65 crypto assets against fiat, with stablecoin and fiat pairs priced at a lower fee
Watch out: The CryptoFranc (XCHF) stablecoin was discontinued in 2024 and can no longer be bought or redeemed at Bitcoin Suisse
Singapore Gulf Bank 10 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: USDT and USDC deposits, and stablecoin to fiat conversion for eligible clients
Watch out: Stablecoin mint and redeem is for corporate and high net worth clients only, with a USD 100,000 minimum per transaction
BCB Group 10 of 16 · stablecoin off-ramp: yes · custody: partial
Allowed: Fiat to crypto and crypto to fiat conversion, with USDC named, settled into SEPA or Faster Payments
Watch out: USDT services are not available to EU-based clients
PostFinance 9 of 16 · stablecoin off-ramp: partial · custody: yes
Allowed: USDC, added in February 2026, can be bought and sold in-app like any other listed coin
Watch out: USDT is not on the list. USDC is the only stablecoin offered
BBVA 9 of 16 · stablecoin off-ramp: partial · custody: yes
Allowed: USDC custody, exchange and near real-time conversion into euros or dollars at BBVA Switzerland (announced September 2024)
Watch out: Only bitcoin and ether in Spain and Switzerland. No stablecoins in the Spanish app
Standard Chartered 8 of 16 · stablecoin off-ramp: partial · custody: yes
Allowed: Conversion between Hong Kong dollars and the HKDAP stablecoin for eligible institutional and corporate clients of Standard Chartered Hong Kong
Watch out: HKDAP stablecoin access is limited to institutions, corporates and professional investors during the current phase. Retail access is not yet live
Zand Bank 8 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: Buying, selling and redeeming AEDZ, USDT and USDC against the company's AED current account through ZandMint, with expanded USDC support and an AEDZ to USDC corridor announced on 25 August 2026
Watch out: Stablecoin and custody pricing is set case by case and not published
RAKBank 8 of 16 · stablecoin off-ramp: partial · custody: partial
Allowed: Sell crypto and stablecoins (USDT is listed) straight back to your RAKBANK AED current or savings account
Watch out: No published policy on sending dirhams to third-party exchanges such as Binance or Coinbase
SG-FORGE 7 of 16 · stablecoin off-ramp: yes · custody: yes
Allowed: Minting EUR CoinVertible (EURCV) and USD CoinVertible (USDCV) 1:1 against fiat, after institutional onboarding with SG-FORGE
Watch out: No direct account or stablecoin subscription for individuals. Retail access is only through exchanges and brokers
DBS 7 of 16 · stablecoin off-ramp: partial · custody: yes
Allowed: Eight tokens on DDEx: BTC, ETH, BCH, DOT, ADA, XRP, USDC and RLUSD, against SGD and USD, trading 23 hours a day, 7 days a week
Watch out: No inward or outward transfers of cryptocurrency. You cannot send coins from DDEx to your own wallet, or deposit coins you already hold
Luzerner Kantonalbank 7 of 16 · stablecoin off-ramp: partial · custody: yes
Allowed: Buy and sell nine coins inside LUKB e-banking and the mobile app: BTC, ETH, XRP, SOL, LINK, POL, AAVE, USDC and USDT
Watch out: US persons cannot hold crypto at LUKB
Deutsche Bank 6 of 16 · stablecoin off-ramp: partial · custody: partial
Allowed: Euro stablecoin exposure through DWS, the bank's asset manager, which co-owns AllUnity, issuer of the BaFin-licensed EURAU
Watch out: No stablecoin off-ramp for customers. EURAU is issued by AllUnity, not by the bank, and Deutsche Bank is not a member of the Qivalis euro stablecoin consortium
Custodia Bank 3 of 16 · stablecoin off-ramp: partial · custody: partial
Allowed: Avit, the bank's own dollar token, is redeemable one to one for a US dollar on demand under terms published on custodiabank.com
Watch out: No direct fiat rail. Custodia has no Federal Reserve master account and lost its lawsuit over one. In the 2025 Avit pilot, Vantage Bank ran the Fedwire and ACH legs

Questions people ask

Which bank holds my USDC and lets me sell it for cash in the same account?

Sygnum and AMINA Bank do it for qualified and professional clients, Sygnum with USDC and USDT and AMINA with USDC, USDT, EURC, PYUSD and RLUSD, both in custody held off the bank's balance sheet. For retail, Swissquote trades USDC, USDT and EURC inside an ordinary bank account, Luzerner Kantonalbank sells USDC or USDT into your CHF or foreign currency account with no FX fee, and PostFinance added USDC in February 2026 with keys held by Sygnum. Bitcoin Suisse holds USDC and EURC free of its custody fee from CHF 50,000. Xapo Bank is the odd one out: USDC and USDT are converted to USD the moment they arrive, so the bank holds dollars, not the stablecoin.

Can an ordinary retail customer use these stablecoin and custody banks, or are they for institutions?

Retail is well covered. Swissquote, Revolut and Wirex take individuals broadly, Luzerner Kantonalbank and PostFinance take Swiss residents, RAKBank sells USDT back to an AED account for UAE residents aged 21 or over, and Xapo Bank takes members outside the US and 27 other excluded countries for USD 1,000 a year. Sygnum, AMINA Bank, Bank Frick and Standard Chartered serve qualified or institutional clients, DBS opens its exchange only to accredited investors, and Anchorage Digital and Zand Bank are institutional only.

Up to the full list

Every scored bank (36)

Same region, other tests

Crypto-friendly banks with custody (31)Crypto-friendly banks with exchange transfers and custody (27)Crypto-friendly banks with a stablecoin off-ramp (26)Crypto-friendly banks with exchange transfers and a stablecoin off-ramp (24)Crypto-friendly banks with a stablecoin off-ramp and Web3 business accounts (21)Crypto-friendly banks with custody and a card (21)Crypto-friendly banks with Web3 business accounts and custody (20)Crypto-friendly banks with a stablecoin off-ramp and a card (15)

A stablecoin off-ramp and custody elsewhere

Crypto-friendly banks in the EU with a stablecoin off-ramp and custody (7)Crypto-friendly banks in Europe outside the EU with a stablecoin off-ramp and custody (13)Crypto-friendly banks in the UK with a stablecoin off-ramp and custody (5)Crypto-friendly banks in Switzerland with a stablecoin off-ramp and custody (8)Crypto-friendly banks in the Gulf and MENA with a stablecoin off-ramp and custody (5)Crypto-friendly banks in the UAE with a stablecoin off-ramp and custody (4)
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