Wagyu turns USDC into Monero with no account and no identity check. Send USD Coin from Arbitrum (default, cheap and direct) or Ethereum to a one-time deposit address and receive XMR at your Monero address. Fee 2%, shown in the quote. Minimum about $20. About 1 minute on Arbitrum; Ethereum timing varies.
How the USDC to XMR swap works
- Pick the USDC network and enter your Monero address. Arbitrum by default: the route is direct and the transfer costs cents. Ethereum mainnet works too.
- Send USDC to the deposit address. Exact amount, from any wallet or exchange withdrawal on that network. Native USDC only, not bridged USDC.e.
- Confirmation and execution. The XMR leg trades on Hyperliquid's orderbook.
- XMR arrives at your address.
Fees, minimum and time for this route
- Fee: 2% plus a Hyperliquid taker fee of about $1 per $1,000, in the quote. Network fee on Arbitrum is cents.
- Minimum: about $20 of USDC.
- Time: about 1 minute on Arbitrum based on recent completed swaps.
Times are approximate for the default network, from deposit detection to swap completion. Confirmations, order size and your selected network can change the timing. XMR can appear in your wallet before it becomes spendable.
Why buy Monero with USDC on Wagyu
USDC is the stablecoin of on-chain finance: it is what you hold after selling on a DEX, what you receive from a payroll or a marketplace, what most Arbitrum wallets already contain. Swapping it to Monero is the shortest path from that balance to a private one. Wagyu asks nothing about you, screens before the swap and refunds a blocked address to its origin, and its compliance policy only allows freezing under a valid court order or an order from a duly authorised government authority. USDC itself can be frozen by its issuer at any address; XMR cannot, which is the whole point of the swap.
Frequently asked questions
Which USDC networks can I send from?
Arbitrum by default and Ethereum mainnet. Pick the network in the token selector so the deposit address matches. Send native USDC, not USDC.e.
What is the fee?
2% plus about $1 of Hyperliquid taker fee per $1,000, shown in the quote.
How long does it take?
About 1 minute on Arbitrum based on recent completed swaps.
Is there a minimum?
Yes, about $20 of USDC.
Can Circle freeze the USDC while it is in transit?
Circle can freeze USDC at any address it targets, which is one reason people move to Monero. Wagyu's own policy allows freezing only under a valid court order or an order from a duly authorised government authority; the XMR you receive has no issuer at all.
What if I send USDT by mistake?
Send only the token shown in the order. A deposit on the wrong token or chain moves the order to a refund state with a refund address form; the order page shows the recovery details.