Technical Architecture
A non-custodial orchestration layer between your bank and modern settlement rails. Your bank initiates. SIDERIS orchestrates. Beneficiary receives fiat.
Architecture
Important: Your bank's experience is 100% fiat-in, fiat-out. The settlement mechanism is an internal technical layer — fully managed by SIDERIS and its regulated partners.
Settlement Process
SIDERIS uses a regulated bridge model to deliver same-day settlement on corridors where direct FX liquidity is structurally constrained — EUR↔XOF, USD↔XOF, CNY↔XOF, and beyond. Payout rails adapt to each destination: SEPA, SWIFT gpi, Fedwire, local ACH, or instant payment networks.
Your bank initiates a payment via the SIDERIS API. The instruction is logged, signed, and compliance-screened in real time.
Your bank settles local currency (XOF) to a licensed local on-ramp partner operating under BCEAO oversight.
The on-ramp converts XOF to a regulated stablecoin (EURCV or equivalent MiCA-compliant instrument). This conversion is the settlement transport mechanism — it is not a speculative or retail activity.
A licensed CASP in the target jurisdiction receives the stablecoin and converts it to the destination fiat currency, settled into SIDERIS's regulated local bank account or Nostro arrangement.
SIDERIS triggers payout via the optimal local rail — SEPA Instant for EUR corridors, SWIFT gpi for USD, local ACH or RTP networks where available. Your bank receives real-time confirmation. Transaction complete.
Stablecoins function strictly as a settlement transport layer within this architecture. Your bank never holds, manages, or interacts with digital assets. The entire experience — from instruction to final payout — is fiat.
Audit Trail
SIDERIS automatically generates a regulator-grade audit file for every transaction.
Your bank can demonstrate fully compliant institutional payment flows to BCEAO and other regulators — without additional operational burden on your teams.
Accountability
Your bank remains fully accountable to your regulators. SIDERIS is accountable for the orchestration layer. Technical partners execute under SIDERIS oversight and contractual mandate.
Integration
SIDERIS connects to your existing core banking system. No new internal infrastructure required.
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