BlendFi
OfframpConcepts

Overview

Mental model of the offramp in three entities. Bob deposits USDT, receives BRL via Pix.

Offramp is the operation that converts USDT to BRL and delivers the BRL to the end customer via Pix. The mental model has three entities.

In three sentences

  1. You obtain a quote for the current USDT → BRL rate.
  2. You accept the quote and create a conversion, which receives an on-chain deposit address.
  3. The end customer deposits USDT to that address and BlendFi settles the BRL via Pix to the registered key.

The conversion is the central entity. It represents the full operation, from rate acceptance to Pix settlement, and is the resource you read and act on throughout the rest of the integration.

The lifecycle in three steps

1. POST /v1/quotes              → quote valid for 5 minutes
2. POST /v1/quotes/:id/accept   → creates the conversion; 15-minute deposit window
3. end customer deposits USDT   → automatic Pix settlement; webhook announces the outcome

If the deposit arrives at the exact amount within the window, the conversion proceeds straight to completed with no further action on your side. If the amount diverges or the window expires with a deposit present, the conversion enters standby, and you decide between liquidating at the received amount or handling case by case. The standby path has its own page at Standby and manual liquidation.

Term conventions

Recurring vocabulary in this section. Identifiers in backticks are API field names and are never translated.

Prose termMeaningIdentifier
quoteImmutable rate snapshot, valid for 5 minutesquote, quote_id
conversionPartner-visible operation, from accept to settlementconversion, conversion_id
standbyState where the conversion received a divergent amount or expired with a depositstatus standby
liquidateTrigger final execution in standby at the actually-received amount/liquidate endpoint
fundedConversion that received the exact amount within the windowstatus funded
received amountSum of on-chain deposits credited to the conversionreceived_amount

Next steps

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