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One wallet per recipient

Why each recipient needs their own USDC wallet address

Written by Fiatswaps

Last updated July 28, 2026

Each recipient needs their own USDC wallet address. Two recipients cannot be set up on the same address, so if you manage several recipients, create a separate wallet for each one before you add them.

1. The rule

One recipient, one USDC wallet address. The address you enter for a recipient is where that recipient's USDC lands after every swap, and it is used for that recipient only. Reusing an address that is already set on another recipient is not possible.

2. If you manage several recipients

Set the wallets up before you start onboarding, so the wallet step does not stop you halfway:

  1. Create one wallet address for each recipient you plan to add.
  2. Note which address belongs to which recipient.
  3. Add each recipient and enter that recipient's own address on the wallet step.

Separate addresses also split the money by recipient, which keeps your accounting readable when several recipients are paid in the same week.

Note: Every one of those addresses has to be able to receive USDC on the Base network, the same requirement as a single recipient's wallet. See Wallet and network.

3. Which wallet the USDC goes to

The USDC for a recipient goes to whichever address you enter for that recipient on the wallet step. That address does not have to be one the recipient personally controls — an agency managing several recipients can create and hold the wallets itself, as long as each recipient has a different address.

What is not allowed is reusing one address across recipients.

What is not interchangeable is the recipient's own side of onboarding. The virtual bank account is issued in the recipient's own name, and an individual recipient completes their own KYC. A business recipient completes KYB.

Warning: Whoever can open a wallet can move the USDC in it. The wallet is the only access point to a recipient's funds, so check the address is the one you intend before you continue.

Next: Enter each address on the recipient's wallet step. Add a recipient →

Frequently asked questions

Can two recipients share one USDC wallet address?

No. Each recipient needs their own address. An address already set on one recipient cannot be used again for another.

I manage five recipients and only have one wallet. What do I do?

Create a separate wallet address for each of the five, then enter each address on that recipient's wallet step when you add them.

Can the USDC go to my own wallet rather than the recipient's?

Yes, as long as each recipient has a different address. The address you enter does not have to be one the recipient personally controls. What you cannot do is point two recipients at the same wallet. The virtual bank account is still issued in the recipient's own name and the recipient still completes their own KYC or KYB.

Does each recipient also need their own virtual bank account?

Yes. One recipient is one person or one company, with one virtual bank account in that name, and that account works across every platform paying them.

What if I entered the same address twice by mistake?

Contact support with both recipients' names before any payment arrives. USDC sent to a wrong address cannot be recovered.

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More articles in Adding recipients

  • Add a recipient
  • Wallet and network

On this page

  • 1. The rule
  • 2. If you manage several recipients
  • 3. Which wallet the USDC goes to