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Using stablecoins as a business in Mongolia

1 of the providers we track offer this to businesses registered in Mongolia: Bridge. With limits: Flutterwave. Not confirmed for Mongolia: BVNK, EBANX, Rain.

BridgeStablecoin infrastructure
Available

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

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.

May work, not yet reviewed for Mongolia: BVNK, EBANX, Rain.

Offer this, but not to businesses in Mongolia: Checkout.com, PayPal, Rapyd, Stripe, Worldpay.

Moderate riskRules in progress

Stablecoin rules in Mongolia: A 2021 law requires virtual asset service providers to register with the Financial Regulatory Commission.

Stablecoins without a provider →

Stablecoins in Mongolia: common questions

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

1 of the providers we track offer this to businesses registered in Mongolia: Bridge. With limits: Flutterwave. Not confirmed for Mongolia: BVNK, EBANX, Rain.

Are stablecoins legal in Mongolia?

Rules in progress. A 2021 law requires virtual asset service providers to register with the Financial Regulatory Commission.

More for businesses in Mongolia