# Codex > Anything to anything Codex is a stablecoin-powered wholesale FX platform for cross-border payments. It gives businesses fiat-to-stablecoin conversion and stablecoin-to-stablecoin swaps at wholesale rates. Codex is a stablecoin-powered wholesale foreign exchange platform built for businesses that move money across borders. It converts between fiat currencies and stablecoins in either direction and supports direct swaps between different stablecoins, giving companies a single point of access for cross-border settlement. The platform targets emerging and frontier market currency corridors that many legacy providers underserve. Cross-border payments through conventional channels typically involve intermediaries, cutoff windows, unpredictable pricing, and settlement that can take several business days. Codex addresses this by settling transactions through stablecoins, offering wholesale pricing with real-time quotes, continuous availability, and settlement measured in minutes rather than days. Access is provided through an application programming interface, with onboarding designed to be faster than establishing traditional correspondent banking relationships. The platform serves payment service providers, fintechs, neobanks, and remittance companies that need to convert or swap value across a range of currency corridors, including emerging market currencies alongside major ones. It is used by businesses seeking predictable settlement and pricing for cross-border flows rather than relying on traditional banking rails. - Type: Company - Sector: Payments - Status: Active - Founded: 2024-05-01 - Profile: https://thegrid.id/profiles/codex ## Products - [Codex Par](https://thegrid.id/profiles/codex): Codex Par is a stablecoin swap API that lets payment operators offer customers one-to-one conversion between USDT and USDC. The service absorbs the market spread between the two stablecoins and returns the full requested amount, billing the operator a separate transparent fee rather than passing a hidden markup to end customers. Payment service providers and fintechs integrate the API to guarantee par pricing on stablecoin conversions embedded in their own products. (Payments Infrastructure & Orchestration, Live) - [On/Off-Ramp](https://thegrid.id/profiles/codex): On/Off-Ramp is a wholesale fiat-to-stablecoin and stablecoin-to-fiat conversion service built for institutions. It converts fiat currencies into dollar stablecoins and back using firm wholesale foreign exchange rates and institutional liquidity, moving funds between local bank rails and stablecoin balances. Payment service providers, fintechs, and other institutions use it to settle across multiple currencies and corridors. (On/Off Ramp, Live, Main Product) - [Blockchain Bridge](https://thegrid.id/profiles/codex): Blockchain Bridge is an institutional cross-chain stablecoin transfer service that moves dollar-pegged stablecoins between blockchain networks. It acts as principal on both legs of a transfer, providing firm quotes and settling the equivalent asset on the destination network without routing funds through a smart contract or exchange account. Payment service providers and other institutions use it to move stablecoin balances across chains with deep institutional liquidity. (Bridge, Live) ## Links - [Main](https://www.codex.xyz) - [Documentation](https://docs.codex.xyz) - [Blog](https://www.codex.xyz/blog) - [Privacy policy](https://codex.xyz/privacy) - [Media Kit/branding](https://brand.codex.xyz) - [Twitter / X](https://x.com/CodexFX) - [LinkedIn](https://www.linkedin.com/company/codexfx) - [YouTube](https://www.youtube.com/@PodcastCodex) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. 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