# Codex

> Anything to anything

Codex is a stablecoin-native foreign exchange platform. It converts between fiat currencies and stablecoins for payment service providers, fintechs, and neobanks at wholesale rates.

Codex is a stablecoin-native foreign exchange platform that lets payment service providers, fintechs, and neobanks convert between fiat currencies and stablecoins. It positions itself as an alternative to legacy correspondent banking rails, offering wholesale pricing, settlement in minutes rather than days, and availability around the clock, including weekends and holidays.

The platform addresses the bottleneck that remains in cross-border payments even as stablecoin usage has grown, since most real-world payments still require a conversion between currencies at some point. Codex settles this conversion using stablecoins as the intermediary asset, allowing money to arrive in one currency and leave in another without relying on pre-funded accounts in every destination market. Its infrastructure is built on licensing and banking relationships across multiple jurisdictions, with particular liquidity depth in emerging and frontier market currencies that legacy providers tend to underserve.

Codex offers an on/off-ramp for converting fiat currencies into stablecoins and back, a blockchain bridge for moving stablecoins across multiple blockchain networks, and a stablecoin swap API called Codex Par for one-to-one conversion between stablecoins. It is used by payment operators, remittance companies, and financial technology firms that need to move money across borders and currencies without relying on traditional intermediary banking chains.

- Type: Company
- Sector: Payments
- Status: Active
- Founded: 2024-01-01
- Profile: https://thegrid.id/profiles/codex_xyz

## Products

- [Codex FX](https://thegrid.id/profiles/codex_xyz): Codex FX is a stablecoin-native foreign exchange platform that converts between fiat currencies and stablecoins for payment service providers, fintechs, and neobanks. It provides an on/off-ramp for converting currencies such as the US dollar, euro, and British pound into stablecoins and back at wholesale rates, with settlement. The platform also bridges stablecoins across multiple blockchain networks by acting as principal on both legs of a transfer, avoiding smart contract exposure or slippage, and offers a dedicated swap interface that lets payment operators exchange stablecoins from different issuers at a fixed one-to-one rate. Access is provided through a shared dashboard and API covering quotes, orders, wallets, fiat counterparties, and payment operations. (On/Off Ramp, Live, Main Product)

## Links

- [Main](https://codex.xyz)
- [Blog](https://codex.xyz/blog)
- [Media Kit/branding](https://codex.xyz/brand)
- [Privacy policy](https://codex.xyz/privacy)
- [Documentation](https://api.codex.xyz/documentation)
- [Discord](https://discord.gg/codexfx)
- [LinkedIn](https://linkedin.com/company/codexfx)
- [Twitter / X](https://x.com/CodexFX)
- [YouTube](https://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. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP