Supporting Documents for Offramps
- Users can now attach supporting information when creating an offramp transaction via the dashboard or API
- API field:
supportingInformation - Enables faster reviews and improves overall settlement efficiency
- Highly recommended to reduce transaction friction due to RFIs
TRON USDT Sandbox Support
- Added support for USDT on TRON within the sandbox environment
- Enables testing of TRON-based USDT flows prior to production use
- Expands multi-chain testing coverage for developers
Dashboard Improvements
Reports Page
- Enables developers to view and interact with key performance metrics
- Establishes a foundation for future custom metrics and analytics
Wallet Balance Update
- Updated balance rounding logic to always round down, replacing previous half-up/half-down behavior
- Ensures more predictable and consistent balance displays
⚠️ Breaking Changes - Testnet USDT
Ethereum Sepolia USDT Token Update
The Ethereum Sepolia USDT token address has been updated to:0x5532B426Bb07Bf73E2e28c106b6a593e7797f07E- All previous testnet USDT balances on Ethereum Sepolia are no longer supported
- Use the new token contract for Ethereum Sepolia testing going forward
Solana Devnet USDT Support
Testnet USDT is supported on Solana Devnet with the following token address:5fkWZrgqU8abXxkPWLjkbnHxofuovHMNQ9usky6W3HvIf you need testnet tokens, please reach out to the HIFI team.New Features
New Dashboard Home Page
- Introduced a redesigned dashboard home page with more relevant and actionable data
- Provides clearer visibility into account activity and system state
- Improves navigation and first-touch experience
Transaction History Export
- Developers can now download transaction history directly from the dashboard across: Transfers, Swaps, Bridging, Onramps, Offramps
- Aids reporting, reconciliation, and operational analysis
Authentication Improvements
- Updated the authentication architecture across our platform (both server and dashboard)
- This update improves overall platform security while simplifying the authentication process
- Dashboard interactions are ~40% faster as a result
Transaction Cancellation
Users can now cancel onramp and offramp transactions while they are in theIN_REVIEW state, providing greater control during the review window and allowing quick correction of submission errors.Enhanced Transaction UI / UX
- Improved transaction flow across the dashboard
- Simplifies how users create and review transactions across onramp, offramp, swap, and bridging flows
- Improves clarity, reduces friction, and provides a more intuitive transaction experience
TRON is live!
We’ve added support for the TRON network on HIFI, significantly expanding our platform’s blockchain coverage.Supported functionality includes:- Transfers
- Onramps
- Offramps
- Swaps
- Virtual Accounts
Dashboard Improvements
- Introduced a compliance overview section to provide greater transparency and visibility into account status and requirements
- Improved onboarding experience to show compliance stage clearly
Dashboard
- Replaced magic link login with OTP-based authentication to prevent user lockouts and improve reliability.
- Enhanced login page design across both light and dark modes for stronger visual consistency and brand alignment.
- Added transaction search and filtering across all transaction types to improve discoverability and user experience.
Real-Time Payments (RTP) Now Live for USD Domestic Transfers
- Users can now select RTP for eligible USD domestic offramp transactions
- RTP is also supported for eligible Virtual Account (VA) deposits
- Enables near-instant settlement to support U.S. bank accounts
- Expands payout rails beyond ACH, Wire, and SWIFT—improving speed and operational flexibility for domestic USD transfers
Dashboard
- Enhanced light mode for improved visual clarity and usability
- Optimized performance to reduce load times on the workflows user page
- Added Request Access functionality to streamline permission management
- Added bridging workflows directly within the dashboard
- Users can initiate and manage bridging operations from the UI
- Expands cross-network functionality without requiring API usage
Documentation
- Updated the Global Network page to reflect the complete and current set of supported payment methods and corridors
Offramp – Proof of Payment
- Automatic Proof-of-Payment generation for completed offramp transactions
- Provides downloadable and shareable confirmations for end recipients
Chain + Token Support Expansion (Global Network)
- Added offramp support for USDC on Base
- Enabled offramp functionality for additional tokens: PYUSD, USDG, USDT
Transaction “In Review” Status
Transactions under compliance review will now show an explicitIN_REVIEW status before progressing to fund transfer states:- Onramp:
IN_REVIEW→FIAT_PENDING - Offramp:
IN_REVIEW→CRYPTO_INITIATED - Crypto Transfers:
IN_REVIEW→INITIATED
FIAT_PENDING (Onramp) or CRYPTO_INITIATED (Offramp) during review, making monitoring unclear.Legacy Events Deprecated
ONRAMP.UPDATE, OFFRAMP.UPDATE, ONRAMP.CREATE, and OFFRAMP.CREATE will no longer be supported. Update your integrations to use the new transaction events documented in our Onramp events and Offramp events sections to avoid service disruptions.If you have any questions, please email support@hifi.com.Dashboard Improvements
- Added UETR visibility directly within the transaction view
- Enabled virtual account deactivation from the dashboard
- Added exact source and destination amount controls for off-ramp quotes (supporting both send exact and receive exact flows)
- Improved dashboard table search to prevent locking during active searches
- Removed optional and non-essential fields from global network off-ramp account creation
- Fixed team member invite flow to ensure proper redirection and completion
Expanded Global Network Offramp Coverage
Added USD SWIFT Offramp support for:- Mexico
- Australia
- Turkey
- Israel
- New Zealand
Dashboard Launch
The new Dashboard is now live at app.hifi.com!Focus Areas and Improvements
Our initial focus has been on delivering a stable experience and swiftly resolving critical issues, including:- Redirects from the legacy Dashboard
- Date and timezone handling fixes
- Sandbox/production environment switching
- Settlement rule rendering
- Onboarding flow improvements
Expanded Coverage
- Added USD Global Network payout support via SWIFT to the Netherlands
New Dashboard (Pilot)
We’re rolling out a pilot of the new HIFI Dashboard, redesigned to support enhanced developer workflows and faster compliance operations.What’s New:- Rebuilt from the ground up for speed and performance
- Faster compliance experience with improved error handling
- New homepage, reports page, and approvals section
- Integrated support to send messages to Slack directly
New KYC Status: RFI Pending
We’ve introduced a new compliance status to provide clearer visibility into review progress.- Submissions will briefly be in
PENDING(~ 2m) - After this, the submission will progress to:
MANUAL_REVIEW- Your application is under review by our compliance teamRFI_PENDING- Additional information is required (Request sent via email)APPROVED/REJECTED- Final state
Improvements
Proof of Address Automation for KYC Process
The Proof of Address (PoA) request process has been streamlined to reduce email dependency whilst improving turnaround time.- KYC PoA RFIs will no longer trigger email notifications
- Instead, you can submit the PoA directly from the Dashboard or API
New Features
Solana Support - Global Network
You can now offramp directly from Solana wallets to Global Network accounts. This removes the need for an intermediate bridging step.KYC & Identity
Additional PoA document types introduced to improve clarity:UTILITY_BILLBANK_STATEMENTRENTAL_AGREEMENTTAX_DOCUMENTVOTER_REGISTRATION_CARDBANK_REFERENCE_LETTERLEASE_OR_TENANCY_AGREEMENTPROOF_OF_ADDRESS
New Features
Dashboard Swaps
Swapping is now available on the Dashboard, enabling you to convert between stablecoins within HIFI wallets. Learn moreSandbox KYC Simulations
You can now test specific KYC outcomes by setting the user’s last name to a reserved keyword.- PENDING – Simulate applications awaiting review
- APPROVAL – Test approved verification flows
- REJECTION – Test declined verification scenarios
Bug Fixes & Improvements
Onramps
- Fixed: Bug affecting onramp transaction flows in African markets
Offramps
- Fixed:
amount_in_usdnow correctly populates for all offramp transactions - Fixed: USD offramp processing issues in Brazil related to billing configuration
- Updated: Documentation to resolve field inconsistencies
Swaps
- Fixed: Amount mismatches and webhook delivery issues
- Added: Balance validation checks before swap initiation to prevent failed transactions
Sandbox
- Simplified: Financial institution support in Sandbox for improved stability
- Updated: Documentation reflects the streamlined Sandbox setup
Wallet Swaps
Exchange one stablecoin for another instantly on the same blockchain network. New endpoints:POST /v2/wallets/swaps- Create a swapPOST /v2/wallets/swaps/{swapId}/accept- Accept a swapGET /v2/wallets/swaps- List swapsGET /v2/wallets/swaps/{swapId}- Retrieve a swap
New Webhook Events
Starting Monday Jan 5, we’re introducing new webhook events to help you track the status of onramp and offramp transactions more efficiently.New events for transaction creation:ONRAMP.TRANSACTION.CREATEOFFRAMP.TRANSACTION.CREATE
ONRAMP.STATUS.*OFFRAMP.STATUS.*
ONRAMP.RFI.OPENONRAMP.RFI.CLOSEDOFFRAMP.RFI.OPENOFFRAMP.RFI.CLOSED
⚠️ Breaking Changes
Legacy transaction events (ONRAMP.UPDATE, OFFRAMP.UPDATE, ONRAMP.CREATE, OFFRAMP.CREATE) will be deprecated by Friday, Feb 13 2026.To avoid service disruptions, please update your integrations to use the new events. If you have any questions, please let us know or refer to the documentation.Learn more: Onramp events, Offramp eventsDashboard Updates
- Added support for deleting offramp accounts.
- Enabled updating the compliance contact email from Developer > Team.
- Micro-deposits are now displayed in the Virtual accounts drawer.
Fixes & Stability
- Resolved multiple KYC Link issues that prevented form submissions.
- Fixed a bug with accepting organisation invites.
- Fixed return-address issues affecting offramp quote generation.
- Resolved inconsistencies with wallet transfer errors.
Transaction Approvals for Offramps
Transaction approvals are now available for offramp transactions. You can require approval before executing offramp transactions (stablecoin to fiat conversions) to add an extra layer of security and compliance control.Dashboard Approvals:- Members can now initiate offramp transactions
- All member-initiated offramp transactions will always enter the transaction approval flow and require Admin approval
- Offramp transactions will enter the transaction approval flow only if
requireApproval: trueis set in the request body
- For offramps that enter the transaction approval flow, quotes are generated after approval to prevent quotes from expiring while awaiting review. This matches the behavior for bridging transfers.
- Expiration times: Transactions in
PENDING_APPROVALstatus will automatically expire if not approved or rejected:- Onchain transfers (wallet transfers, batch transfers, bridging): Expire after 1 week
- Offramps: Expire after 1 day
Instant Onramps
CRNow is live, enabling USDC minting in under 10 minutes after deposit during business operating hours. To learn more, visit our Availability page.USD SWIFT Expansion
Our SWIFT coverage continues to expand. Offramps to Brazil, Saudi Arabia, Italy, Germany, United Arab Emirates, and Spain are now available. See the USD Rails page for the complete list of supported countries.Updates to Accounts API
The following fields have been updated for Global Network accounts:idNumber: now optional (remains required for MXN)dateOfBirth: now optionalformationDate: now optional
Improvements
- KYC Links now autosave, resolving an issue in which forms could reset and lose previously entered data
- Offramp account holder types are now restricted to individual and business only
Updates
- Added a “Find User” feature on the Compliance page to search quickly.
- Changed Transfers page on the Dashboard to Transactions. HIFI supports three transaction types: transfers (onchain), onramps and offramps.
- Improved legibility in drawers for usernames and lengthy IDs.
- Implemented retries for wallet swaps to improve reliability.
Fixes
- Fixed a bug related to fee charging for refund wallet transfers.
- Updated the Global Network KYC response object to show a failed status when the sender’s country is unsupported, instead of throwing errors.
- Fixed an issue with required fields for KYC Links.
- Fixed an issue disabling production access for some customers.
Reporting
We’re excited to share our new Metrics API! This powerful addition enables you to generate comprehensive data and reports for your payment operations.With the Metrics API, you can:- Generate metrics on transactions and user activity
- Preview report results before finalizing
- Create custom reporting templates tailored to your needs
- Access detailed reports through the API and Dashboard