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Using stablecoins as a business in Iceland

5 of the providers we track offer this to businesses registered in Iceland: Bridge, BVNK, Checkout.com, Rapyd, Worldpay. With limits: Flutterwave, Rain. Not confirmed for Iceland: EBANX.

BridgeStablecoin infrastructure
Available

Wallets, orchestration across fiat and stablecoins, and Open Issuance to launch your own stablecoin.

BVNKStablecoin infrastructure
Available

Pay-ins, payouts, FX and wallets across major chains, plus a self-custody product.

Checkout.comPayment processor
Available

Stablecoin settlement has been offered to some merchants.

RapydPayment processor
Available

Since 9 September 2025, businesses can accept stablecoin payments (converted to fiat), settle in stablecoins or fiat, and pay out in stablecoins. Rapyd says this runs through regulated third-party partners and that it does not itself issue, custody or directly process crypto assets. Supported coins are not named.

WorldpayPayment processor
Available

Stablecoin payouts and settlement through crypto infrastructure partners.

FlutterwaveRegional processor
Limited

Stablecoin wallets and transfers: fund a USDC/USDT/RLUSD wallet from NGN, USD, GBP, EUR or GHS balances and send to wallet addresses on Solana, Ethereum, Base or Polygon.

RainCard issuing
Limited

Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.

May work, not yet reviewed for Iceland: EBANX.

Offer this, but not to businesses in Iceland: PayPal, Stripe.

Low riskClear rules

Stablecoin rules in Iceland: As an EEA member, Iceland applies MiCA, including its stablecoin rules.

Stablecoins without a provider →

Stablecoins in Iceland: common questions

Which providers can a business in Iceland use to use stablecoins?

5 of the providers we track offer this to businesses registered in Iceland: Bridge, BVNK, Checkout.com, Rapyd, Worldpay. With limits: Flutterwave, Rain. Not confirmed for Iceland: EBANX.

Are stablecoins legal in Iceland?

Clear rules. As an EEA member, Iceland applies MiCA, including its stablecoin rules.

More for businesses in Iceland