1. Onramp (Fiat → Stablecoin)

Recipe: Convert Fiat to Stablecoin

This will likely be your most used recipe.

Steps

1. Create Customer
2. Complete KYC
3. Add Bank Account
4. Request Quote
5. Create Onramp Transaction
6. Monitor Status via Webhooks
7. Receive USDC in Wallet

2. Offramp (Stablecoin → Fiat)

Recipe: Convert Stablecoin to Bank Payout

Steps

1. Create Customer
2. Complete KYC
3. Register Bank Account
4. Request Quote
5. Create Offramp Transaction
6. Send Crypto to Settlement Address
7. Receive Bank Payout

3. Fiat-to-Fiat Transfer

Recipe: Deposit → Automatic Bank Payout

This matches your FIAT to FIAT Transfers guide.

Steps

1. Register Recipient Bank Account
2. Request FX Quote
3. Create Deposit Intent
4. Sender Deposits Funds
5. Penny Matches Deposit
6. Automatic Offramp Executes
7. Recipient Receives Bank Transfer

4. Collect Payments with Virtual Accounts

Recipe: Collect Local Payments via Virtual Accounts

Steps

1. Create Customer
2. Complete KYC
3. Retrieve Virtual Account
4. Share Deposit Details with Sender
5. Sender Sends Local Payment
6. Alfred Detects Deposit
7. Convert or Withdraw Funds

5. Fiat → Crypto via Liquidation Address

Recipe: Automatically Convert Fiat Deposits to Stablecoin

Steps

1. Create Customer
2. Complete KYC
3. Create Liquidation Address
4. Retrieve Virtual Account
5. Receive Fiat Deposit
6. Alfred Converts Fiat to USDC
7. Funds Delivered to Blockchain Address

6. Third-Party Payouts (Optional but Valuable)

Recipe: Send Payments to External Beneficiaries

Steps

1. Create Customer
2. Register Third-Party Bank Account (isExternal = true)
3. Request Quote
4. Create Transaction
5. Monitor Webhooks
6. Recipient Receives Funds

Final Recommendation

You should create 6 Recipes total:

1. Fiat → Stablecoin Onramp
2. Stablecoin → Fiat Offramp
3. Fiat → Fiat Transfer
4. Virtual Account Deposit Collection
5. Liquidation Address Conversion
6. Third-Party Payouts