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Quickstart: Crypto Payouts

Get started with Circle's Crypto Payouts API and send your first on-chain payout in just a few minutes!

The Crypto Payouts API allows you to send USDC and EURC. To use the Crypto Payouts functionality, the recipient blockchain address needs to be added into the Address Book directory before using that address to perform an onchain send.

In this quickstart you will create a recipient, ensure the recipient is active, payout the recipient, and check that the funds have successfully been sent to the recipient. The interaction model with Circle APIs is similar to other fiat payouts methods.

Let’s first create a recipient to send funds to.

cURL

Shell
curl --location --request POST 'https://api-sandbox.circle.com/v1/addressBook/recipients' \
--header 'Accept: application/json' \
--header 'X-Request-Id: fb7980ad-fd01-468b-98ff-2d9ecff67f86' \
--header 'Authorization: Bearer your_api_key' \
--header 'Content-Type: application/json' \
--data-raw '{
  "idempotencyKey": "9352ec9e-5ee6-441f-ab42-186bc71fbdde",
  "chain": "ETH",
  "address": "0x65BFCf1a6289a0b77b4D3F7d12005a05949FD8C3",
  "metadata": {
    "email": "[email protected]",
    "bns": "testbns",
    "nickname": "test nickname desc"
  }
}'

Response

JSON
{
  "data": {
    "id": "dff5fcb3-2e52-5c13-8a66-0a5be9c7ecbe",
    "chain": "ETH",
    "address": "0x65bfcf1a6289a0b77b4d3f7d12005a05949fd8c3",
    "metadata": {
      "nickname": "test nickname desc",
      "email": "[email protected]",
      "bns": "testbns"
    },
    "status": "pending",
    "updateDate": "2022-09-22T14:16:34.985353Z",
    "createDate": "2022-09-22T14:16:34.985353Z"
  }
}

Prior to sending the payout you must ensure the recipient status is marked active.

If you have configured webhook notifications you will receive a recipient notification for each status update. In this case you will look for the “status”: “active”.

Webhook Notification

JSON
{
  "clientId": "a03a47ff-b0eb-4070-b3df-dc66752cc802",
  "notificationType": "addressBookRecipients",
  "version": 1,
  "customAttributes": {
    "clientId": "a03a47ff-b0eb-4070-b3df-dc66752cc802"
  },
  "addressBookRecipient": {
    "id": "dff5fcb3-2e52-5c13-8a66-0a5be9c7ecbe",
    "chain": "ETH",
    "address": "0x65bfcf1a6289a0b77b4d3f7d12005a05949fd8c3",
    "metadata": {
      "nickname": "test nickname desc",
      "email": "[email protected]",
      "bns": "testbns"
    },
    "status": "active",
    "updateDate": "2022-09-22T14:16:34.985353Z",
    "createDate": "2022-09-22T14:16:34.985353Z"
  }
}

Poll the GET endpoint until the “status”: “active”.

cURL

Bash
curl --location --request GET 'https://api-sandbox.circle.com/v1/addressBook/recipients/dff5fcb3-2e52-5c13-8a66-0a5be9c7ecbe' \
--header 'Accept: application/json' \
--header 'X-Request-Id: 55990729-c59f-4cda-9edd-838cefaa1e42' \
--header 'Authorization: Bearer your_api_key'

Response

JSON
{
  "data": {
    "id": "dff5fcb3-2e52-5c13-8a66-0a5be9c7ecbe",
    "chain": "ETH",
    "address": "0x65bfcf1a6289a0b77b4d3f7d12005a05949fd8c3",
    "metadata": {
      "nickname": "test nickname desc",
      "email": "[email protected]",
      "bns": "testbns"
    },
    "status": "active",
    "updateDate": "2022-09-22T14:16:34.985353Z",
    "createDate": "2022-09-22T14:16:34.985353Z"
  }
}

Once you have successfully created a recipient, you will create a payout providing the recipient’s ID (address ID), originating funds (currency + amount) and the currency the recipient would like to receive.

cURL

Shell
curl --location --request POST 'https://api-sandbox.circle.com/v1/payouts' \
--header 'Accept: application/json' \
--header 'X-Request-Id: ff422eab-52fa-4a6e-bf07-b6b522786468' \
--header 'Authorization: Bearer your_api_key' \
--header 'Content-Type: application/json' \
--data-raw '{
  "idempotencyKey": "ba943ff1-ca16-49b2-ba55-1057e70ca5c7",
  "source": {
    "type": "wallet",
    "id": "12345",
    "identities": [
    {
      "type": "individual",
      "name": "Satoshi Nakamoto",
      "addresses": [
        {
          "line1": "100 Money Street",
          "line2": "Suite 1",
          "city": "Boston",
          "district": "MA",
          "postalCode": "01234",
          "country": "US"
        }
      ]
    }
   ]
  },
  "destination": {
    "type": "address_book",
    "id": "dff5fcb3-2e52-5c13-8a66-0a5be9c7ecbe",
  },
  "amount": {
    "amount": "3000.14",
    "currency": "USD"
  },
  "toAmount": {
    "currency": "USD"
  }
}'

Response

JSON
{
  "data": {
    "id": "b8627ae8-732b-4d25-b947-1df8f4007a29",
    "sourceWalletId": "12345",
    "destination": {
      "type": "address_book",
      "id": "b8627ae8-732b-4d25-b947-1df8f4007a29"
    },
    "amount": {
      "amount": "3000.14",
      "currency": "USD"
    },
    "toAmount": {
      "currency": "USD"
    },
    "status": "pending",
    "updateDate": "2020-04-10T02:13:30.000Z",
    "createDate": "2020-04-10T02:13:30.000Z"
  }
}

Last step, ensure the funds were sent and delivered on chain to the recipient.

If you have configured webhook notifications you will receive a notification for each status update.

Webhook notification

JSON
{
  "clientId": "a03a47ff-b0eb-4070-b3df-dc66752cc802",
  "notificationType": "payout",
  "version": 1,
  "customAttributes": {
    "clientId": "a03a47ff-b0eb-4070-b3df-dc66752cc802"
  },
  "payout": {
    "id": "b8627ae8-732b-4d25-b947-1df8f4007a29",
    "sourceWalletId": "12345",
    "destination": {
      "type": "address_book",
      "id": "b8627ae8-732b-4d25-b947-1df8f4007a29"
    },
    "amount": {
      "amount": "3000.14",
      "currency": "USD"
    },
    "toAmount": {
      "amount": "2.318536607984667",
      "currency": "ETH"
    },
    "fees": {
      "amount": "0.00",
      "currency": "USD"
    },
    "networkFees": {
      "amount": "0.30",
      "currency": "USD"
    },
    "status": "complete",
    "createDate": "2020-04-10T02:13:30.000Z",
    "updateDate": "2020-04-10T02:13:30.000Z"
  }
}
Shell
curl --location --request GET 'https://api-sandbox.circle.com/v1/payouts/b8627ae8-732b-4d25-b947-1df8f4007a29' \
--header 'Accept: application/json' \
--header 'X-Request-Id: d36f3c00-9c98-4610-bfea-83995379995e' \
--header 'Authorization: Bearer your_api_key'

Response

JSON
{
  "data": {
    "id": "2f3bca9a-2d0e-4aef-a511-026eefd3cc6f",
    "destination": {
      "type": "address_book",
      "id": "eaca84eb-69fb-53d3-9dac-f69cb5f1541a"
    },
    "amount": {
      "amount": "500.00",
      "currency": "USD"
    },
    "toAmount": {
      "amount": "500.00",
      "currency": "USD"
    },
    "externalRef": "0x41f8f2cd555e247716f3e9bc97366ac04a848fd2fde76732c894c6843fc6f8db",
    "createDate": "2023-08-14T20:30:19.145913Z",
    "updateDate": "2023-08-14T22:05:55.406292Z",
    "sourceWalletId": "1000594146",
    "fees": {
      "amount": "1.00",
      "currency": "USD"
    },
    "networkFees": {
      "amount": "0.01",
      "currency": "USD"
    },
    "status": "complete"
  }
}
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