What is Altitude
Altitude is a stablecoin-native business account connected to fiat rails. Manage stablecoin balances, earn APY, handle invoices, spend with corporate cards (coming soon), and pay via ACH, wire, SEPA and SWIFT.
Your workspace is self-custodial and on-chain on Solana, built with Squads Protocol multisigs in a nested architecture: each user account is its own 2-of-4 multisig, and the workspace itself is a multisig of those user accounts with approval thresholds you configure for your team. Funds move only when the required signers approve.
Open your account
Navigate to Altitude to open your account and complete business verification (KYB).
You'll need:
Business registration documents.
Ownership information for anyone owning 25%+ of the company.
A government-issued ID for verification.
Important notes:
Use a physical business address, not a virtual address. The address must be in a supported country or your application may not be approved. You may be asked for proof of address (POA).
Ultimate Beneficial Owners (UBOs) will receive verification emails directly from Sumsub to complete identity verification.
See Open an account for details on documents and the verification process.
Add your team
Invite team members and configure how payments get approved.
Member permissions:
Propose - Create new payments and workspace changes.
Approve - Approve or reject payments and workspace changes.
Submit - Push approved payments and workspace changes on-chain.
Approval thresholds determine how many approvals a payment or workspace change needs before it can be submitted. Set this based on your team size and security requirements.
See Members for setup instructions.
Add funds
Two ways to fund your workspace:
Fiat - Send USD or EUR via ACH, wire, or SEPA. Altitude converts incoming fiat to stablecoins on receipt.
Crypto - Deposit USDC or EURC directly to your deposit address on Solana.
Important: Your deposit address only accepts USDC and EURC on Solana. Sending any other token, or USDC/EURC from a different chain, will be lost and cannot be recovered.
See Receive funds for instructions.
Grow your balance
Put your treasury to work.
Altitude Rewards - Earn APY on your balance with Altitude Rewards, backed by short-term U.S. Treasuries managed by BlackRock.
Holdings - Hold SOL and Bitcoin (cbBTC) alongside stablecoins to diversify your treasury.
See Altitude Rewards and Holdings for details.
Send payments
Pay vendors, contractors, and partners globally. Automate the payments process using Bill Pay.
Local rails - Send and receive USD and EUR using ACH, domestic wire and SEPA with zero fees.
SWIFT transfers - Send USD SWIFT transfers via the Bill Pay payment flow.
Stablecoin transfers - Send USDC or EURC to any Solana address.
Batch payments - Process multiple stablecoin payments in a single proposal.
See How payments work for details.
Reporting
Tools to manage your business finances. QuickBooks-compatible CSV, tax software integrations, and explorer verification. See Accounting & reporting for more details.