How does Fiat24 work?

Fiat24 is a Swiss‑regulated fintech that runs its ledger and payments fully on Arbitrum as a Web3‑native bank. It uses NFT‑based digital identities to represent user accounts and replaces traditional logins with wallet signatures. It then links crypto wallets to fiat balances, IBANs, and debit cards so users can pay and move money across chains.

Is Fiat24 a secure platform?

Fiat24 is a licensed Swiss fintech that stores KYC and risk data in regulated, on‑premise systems, not on‑chain. It relies on Arbitrum’s Ethereum‑grade security, smart‑contract‑based accounting, and non‑custodial wallet access to protect funds. This combination makes it a compliant, secure PayFi platform for crypto‑linked payments and digital identity.

First, complete KYC on the Fiat24 platform and mint or receive a Fiat24 NFT in an Arbitrum‑compatible wallet. Then connect that wallet to the Fiat24 dApp to access your IBAN, fiat balances, and card features. Finally, top‑up with crypto or fiat, exchange currencies, and spend via the debit card or P2P payments.

What services does Fiat24 offer?

Fiat24 offers Swiss IBAN accounts, fiat‑denominated asset tokens, cross‑border payments, and a crypto‑linked Visa‑branded debit card. Users can store and swap USD24, EUR24, CHF24, and CNH24 while using the wallet‑based interface to pay online and in stores. It also provides NFT‑based digital identity, developer tools, and fiat infrastructure for Web3 projects and dApps.

Fiat24: What is it and Why is it Important?

Primary features

Fiat24 is a Swiss‑regulated fintech platform that combines crypto‑enabled payments with NFT‑based digital identity, letting users manage fiat and crypto in one wallet‑connected interface. The platform offers tokenized multi‑currency accounts, blockchain‑linked IBANs, and a Visa debit card, making it a Web3‑native “PayFi” banking layer on top of Arbitrum.

NFT‑based identity — A Fiat24 NFT acts as a self‑custodial account credential tied to a verified real‑world identity.
Tokenized fiat accounts — Multi‑currency cash accounts represented as on‑chain balances that can be topped up with crypto or wire.
Visa debit card — Spend crypto‑backed fiat balances anywhere Visa is accepted, including Apple Pay and Google Pay.
Cross‑chain wallet integration — Works with common wallets (MetaMask, Bitget Wallet, etc.) to extend them with regulated banking and payment rails.

In short, the Fiat24 platform merges compliant Swiss banking with Web3 infrastructure, using NFT identity and tokenized accounts to streamline crypto‑fiat payments and everyday spending.

Wallet‑based login

Users authenticate via wallet signatures instead of passwords, with the Fiat24 NFT serving as the account key.

On‑chain KYC identity

Digital identity is verified off‑chain and linked to the NFT, ensuring compliance without exposing full KYC data on‑chain.

Programmable fiat tokens

Tokenised fiat balances and card‑load operations run on Arbitrum, enabling fast, low‑cost settlements.

Third‑party dApp compatibility

Fiat24 NFTs can be used by external Web3 apps as a privacy‑preserving way to verify user status or tier.

User benefits

The Fiat24 platform helps individuals and businesses bridge crypto and traditional finance by giving them a single, wallet‑native layer for regulated accounts, payments, and identity. Users can spend crypto like fiat, move funds globally, and prove regulated status on‑chain without exposing raw KYC data.

Easier crypto‑fiat on‑ramps and top‑ups via the Fiat24 NFT account, reducing friction between wallet‑held assets and real‑world spending.
Higher trust and regulatory backing thanks to the Fiat24 security features, Swiss FINMA‑aligned framework, and segregated fiat reserves.
Portable, composable identity: NFT‑based accounts can be reused across dApps while still meeting KYC/AML requirements, which benefits Web3 platforms and DeFi services.
Lower‑cost cross‑border transfers and instant multi‑currency exchanges powered by the Fiat24 platform’s tokenized infrastructure and Arbitrum‑based settlement.

Overall, Fiat24 exists to become a global Web3 banking and payment layer by combining regulated Swiss fintech with NFT‑backed identity and tokenized fiat, enabling crypto‑native users and businesses to interact with real‑world finance in a self‑custody‑friendly way.