# Receive salary in USDC: setup, fees and custody

We built Fiber around the full stablecoin payday: getting paid, keeping control and using the money where you live. The first step is making sure the payment reaches the right place.

> THE SHORT ANSWER: To receive salary in Fiber, agree on USDC and the supported network, copy the address from your account and test it before the full payment. Fiber remains non-custodial and charges 0% Fiber deposit fees, but you still need to protect access, count outside costs and keep local records.

- The sender must match both the stablecoin and a network Fiber supports.
- Copy the address from Fiber and verify it with a small test payment.
- Fiber does not control your assets, so recovery and account access matter.
- A complete payday plan covers records, outside fees and local spending.

## How a USDC payday enters Fiber

USDC is a digital dollar issued by Circle on multiple blockchain networks. If your employer or client pays on-chain, they send supported USDC to the address shown in your Fiber account instead of using a conventional bank transfer.

We treat the token and the network as two separate instructions because both must match. USDC on Ethereum, Base, Solana and other networks can travel on different rails. A payment sent over an unsupported or incorrect network may be difficult or impossible to recover.

- Stablecoin: confirm USDC, not another dollar-denominated token.
- Network: choose one Fiber supports and give payroll the exact name.
- Address: copy it from Fiber and verify the first and last characters.
- Test: receive a small payment before the first full payroll transfer.

## Why Fiber stays non-custodial

Fiber is non-custodial. We provide the account experience, but we do not hold, custody or control your assets and cannot access your funds. You authorize activity, which also makes protecting your access and recovery method your responsibility.

That is a deliberate tradeoff, not a promise that risk disappears. A custodial provider can restrict withdrawals or fail; a non-custodial account can become inaccessible if its recovery method is lost or compromised. Understand recovery before making Fiber—or any wallet—your payday destination.

## What our 0% deposit fee covers

Fiber charges 0% Fiber deposit fees for supported deposits. That means we do not take a deposit fee when eligible funds arrive; it does not make every step around the deposit free.

Count the sender’s withdrawal fee, blockchain network costs, conversion spreads, card or foreign-exchange charges and any third-party cost between payday and local use. Availability and payment rails vary by eligibility and jurisdiction.

## Keep the records Fiber cannot keep for you

Fiber can show account activity, but it does not replace your invoice, payslip or local accounting. Save the agreed exchange rate when compensation starts in another currency, the transaction hash, the date received and the local-currency value used in your records.

Tax and employment treatment varies by country and personal circumstances. A stable target price does not make income tax-neutral. A qualified local adviser can explain the rules for receiving, trading and spending digital assets where you live.

## Questions worth asking before the money moves.

### Can an employer pay salary directly to a USDC wallet?

Yes, if the employer supports on-chain payroll and both sides agree on USDC, a network Fiber supports, the address and the required employment records. Legal and payroll requirements vary by jurisdiction.

### Is USDC the same as a US bank deposit?

No. USDC is a blockchain-based digital dollar, not a conventional bank deposit. Its issuer, reserve structure, redemption path and wallet provider each introduce different considerations.

### What should I do before the first full payment?

Copy the receiving details from Fiber, verify the network and address, complete a small test transaction, confirm recovery access and count every likely fee between receiving and local use.

## Sources

- [Circle: What is USDC?](https://developers.circle.com/stablecoins/what-is-usdc)
- [Investor.gov: Crypto asset custody basics](https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins/crypto-asset-custody-basics-retail-investors-investor-bulletin-0)

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Fiber is a financial technology company, not a bank. Banking services are provided by SSB, Member FDIC. Funds deposited at SSB are eligible for FDIC insurance up to $250,000 per depositor, per insured bank, subject to applicable limitations and FDIC rules.