At Cleva, we’re on a mission to make cross-border payments and digital banking as seamless as possible for freelancers, remote workers, creators, and entrepreneurs across Africa.
Today, we’re excited to announce a major update! Deposits of stablecoins (USDT & USDC) into your Cleva account are now completely FREE!
This change means you can move money faster, reduce costs, and enjoy all the benefits that come with using Cleva, from saving in USD to spending globally.
Why stablecoins matter
Stablecoins like USDT and USDC have become essential for people working online. They’re fast, secure, and always pegged to the U.S. dollar, making them perfect for:
- Freelancers getting paid by clients abroad
- Entrepreneurs managing international transactions
- Remote workers receiving salaries in dollars
- Creators earning from platforms like YouTube, Instagram, or TikTok
But here’s the challenge: on many platforms, depositing stablecoins comes with hidden fees and delays. At Cleva, we believe your hard-earned money shouldn’t be eaten up by unnecessary charges.
What this means for you
With FREE stablecoin deposits on Cleva, you get to:
- Save in USD – Secure your earnings in a stable currency.
- Convert instantly – Exchange to NGN, GHS, or UGX at great rates whenever you need it.
- Spend globally – Use your Cleva virtual card for payments anywhere in the world.
- Move money faster – Skip the delays and hidden costs.
This update is all about making sure your money works harder for you, not the other way around.
Why Cleva is different
Unlike traditional banks or platforms that charge for every little step, Cleva is built with you in mind. Whether you’re tracking the dollar to naira today, monitoring the USD to UGX rate, or looking for a simple way to receive USDT/USDC, Cleva gives you:
- Transparent pricing (see our pricing page)
- Zero card maintenance fees
- Easy account setup within minutes
- 24/7 access to your funds
We’re creating a future where Africans can confidently earn, save, and spend in dollars without stress.
Frequently Asked Questions (FAQ)
1. What are stablecoins?
Stablecoins are digital currencies like USDT and USDC that are pegged to the U.S. dollar. This means 1 USDT or 1 USDC always equals 1 USD, making them stable and reliable compared to other cryptocurrencies.
2. How do I deposit USDT or USDC on Cleva?
Simply log into your Cleva app, choose Deposit, select USDT or USDC, and follow the on-screen instructions. Your funds will arrive in your Cleva USD account, now with zero deposit fees.
3. Can I convert stablecoins to my local currency?
Yes! You can convert your received funds into Naira (NGN), Ghanaian cedis (GHS), or Ugandan Shilling (UGX) directly in the Cleva app at great rates.
4. How much does it cost to deposit stablecoins into Cleva?
It’s completely free. Cleva charges zero fees for USDT and USDC deposits.
5. What can I do with my Cleva balance after depositing stablecoins?
You can:
- Save in USD
- Convert to NGN, GHS, or UGX
- Spend globally with your Cleva virtual card
- Pay for online tools like domains, hosting, and subscriptions
6. What’s the difference between Cleva and a crypto wallet?
Unlike typical crypto wallets, Cleva is designed to simplify everyday banking. Your deposits come as USD directly into your USD account that works seamlessly with features like local currency conversion, USD saving, and a global virtual card.
7. What’s the exchange rate today for USD to NGN, GHS, or UGX?
Exchange rates change daily. You can check the latest rates directly in your Cleva app or on our pricing page.
Conclusion
This is just the beginning. As Cleva grows, we’ll continue to roll out features that put you first.
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