XCROW
Pay with Digital Assets, Receive Rupiah
XCROW is an international trade escrow platform that helps Indonesian exporters receive secure payments from abroad. Buyers can pay using stablecoins like USDT or USDC, while exporters receive Rupiah directly in their Indonesian bank accounts.
💡 A Faster and Simpler Alternative to Letter of Credit (L/C)
Problems Faced by Exporters
L/C is Complex & Slow
Letter of Credit (L/C) is secure but very expensive, slow to process, and requires complex document administration.
Direct Transfers are Risky
Direct bank transfers / Wire Transfers are fast but lack protection, especially if buyers fail to send funds after shipment.
XCROW Offers Both
XCROW delivers the security of conventional escrow combined with the speed of global digital payments.
How XCROW Works
Buyer sends USDT/USDC to the escrow address.
Funds are received and locked securely in the escrow system.
Stablecoin is instantly converted into Indonesian Rupiah.
Transaction enters the agreed protection period.
Funds are released from escrow after all verification terms are met.
Exporter receives Rupiah instantly directly in their Indonesian local bank account.
XCROW Advantages
No Digital Asset Wallet Needed
Exporters do not need prior digital asset knowledge or their own digital wallets.
Receive Full Rupiah
Funds are received directly in Indonesian Rupiah to your local bank account.
Fast Settlement
Transaction settlement is processed in hours instead of days or weeks.
Cost-Efficient
Cuts out expensive international correspondent bank intermediary fees.
Fair Dispute Resolution
A fair escrow mediation system protecting the rights of both buyers and exporters.
Benefits for Exporters
Global Market Access
Enables easier transactions with international buyers from various countries.
Faster Cashflow
Accelerates capital turnover to fuel business growth for exporters.
Ideal for SMEs
User-friendly requirements accessible to micro, small, and medium enterprises.
Simple Accounting
Bookkeeping remains simple in Rupiah, eliminating digital asset fluctuation risks.
Supporting Ecosystem
The XCROW pilot project is designed in collaboration with Xepeng.com, Indodax, BTN Bale, and GPEI to bring a faster, safer, and more efficient digital settlement system for Indonesian exporters.