Convert Bitcoin to USAD (BTC → USAD)

Swap BTC on Bitcoin to USAD on Aleo in one step, without bridging it yourself. Powered by NEAR Intents.

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  • Self-custody

Swap BTC to USAD

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How to convert Bitcoin to USAD

The widget above is already set to BTC on Bitcoin → USAD on Aleo. The whole swap runs in one flow through NEAR Intents:

Step 1: Choose how to pay
Connect any Bitcoin wallet that holds your BTC. Or turn on Swap from external wallet to get a deposit address and QR code you can pay from any wallet or exchange; you then add an address on Bitcoin for refunds.

Step 2: Enter the amount and where to receive
Type how much BTC to swap and the Aleo address that receives the USAD, from an Aleo wallet such as Shield or FoxWallet. The widget shows how much USAD you will receive, fees included, before you confirm.

Step 3: Confirm and send
Approve the transfer in your wallet, or send the amount to the deposit address. Once it confirms on Bitcoin, solvers fill the swap and the USAD is sent to your address on Aleo. If the swap can't be filled, your BTC is refunded.

Prefer to keep a balance inside NEAR Intents? The Deposit tab adds BTC to it, Swap trades within it, and Withdraw sends tokens out to their own networks.

⚠ Important: receive on an address you control. If you send the USAD to an exchange instead, check that it accepts USAD on Aleo: some exchanges don't credit deposits that come from a smart contract.

About the BTC → USAD swap

This is a cross-chain swap: your BTC leaves Bitcoin and USAD arrives on Aleo. Normally that takes a bridge plus a DEX, or a centralized exchange account. With NEAR Intents the deposit, swap and withdrawal happen in one flow, and what lands in your wallet is USAD on Aleo, ready to use there with no second bridging step.

Swapping BTC to USAD converts a volatile asset into a dollar-pegged stablecoin, a common way to lock in a price or step out of market swings without off-ramping to a bank account.

About Bitcoin and USAD

What is Bitcoin (BTC)?

Bitcoin is the first decentralized cryptocurrency, described in a 2008 white paper by the pseudonymous Satoshi Nakamoto and brought to life when its network went live in January 2009. BTC is the native unit of that network and moves directly between users without a bank or payment processor in the middle.

Type
Layer-1 blockchain
Launched
2009
Consensus
Proof of Work (SHA-256)
Max supply
21 million BTC
Swap network
Bitcoin
Sector (Messari)
Cryptocurrency
Bitcoin official site ↗Sector classification by Messari ↗

How Bitcoin works

Miners compete to add blocks by running SHA-256 hashing hardware in a Proof of Work process, and the chain with the most accumulated work is treated as valid. Every full node independently checks each transaction against the rules, so the ledger's history becomes harder to alter with every block stacked on top.

What BTC is used for

Most holders treat BTC as a long-term store of value and a hedge outside the traditional financial system. It is also used for cross-border transfers, as collateral in lending markets, and as a base trading pair across the crypto industry.

BTC supply

The protocol limits total issuance to 21 million BTC. New coins enter circulation only as block rewards, and that reward is cut in half roughly every four years in an event known as the halving.

Before you swap BTC

Bitcoin blocks arrive about every ten minutes on average, so a BTC deposit can take noticeably longer to confirm than deposits on faster chains. Double-check the receiving address format before withdrawing, since Bitcoin transactions cannot be reversed.

What is USAD (USAD)?

USAD is a dollar stablecoin on Aleo, a zero-knowledge layer-1 blockchain, issued by Paxos Labs, a spinout of Paxos. The Aleo Network Foundation and Paxos Labs announced it in October 2025, its token program was deployed on Aleo mainnet in January 2026, and the public mainnet launch followed in February 2026.

Type
Private USD stablecoin (USDG-backed)
Launched
2026
Consensus
Runs on Aleo
Max supply
No fixed cap (1:1 USDG-backed)
Swap network
Aleo
USAD official site ↗

How USAD works

USAD is created from USDG or USDC deposited on Ethereum and represented on Aleo as shares of an Ethereum vault holding USDG, the Global Dollar Network token issued by Paxos Trust Company. On Aleo, addresses, amounts and balances can stay encrypted, while a compliance service holds a view key for lawful requests and the token program enforces a freeze list.

What USAD is used for

The issuers pitch USAD at confidential payroll, business payments and treasury management, where companies do not want salaries or supplier terms visible on a public ledger. The payroll provider Toku uses it to pay teams privately.

USAD supply

There is no fixed cap. USAD is minted against deposits and redeemed for USDG on Ethereum, and the USDG behind it is backed by US dollar deposits and short-term Treasuries with monthly third-party attestations.

Before you swap USAD

USAD is delivered on Aleo, so you need an Aleo wallet such as Shield and a little ALEO for network fees. It targets the US dollar, so swaps from other dollar stablecoins should price close to parity, but liquidity is thinner than for USDC or USDT, so check the quote.

Looking for the reverse?Convert USAD to BTC →
More swaps:All BTC pairs →All USAD pairs →

Swap BTC for other tokens

BTC → USDCxBTC → XLMBTC → BCHBTC → DASHBTC → MONBTC → OKB

Other ways to get USAD

ETH → USADNEAR → USADUSDT → USADUSDC → USAD

Popular token swaps

BTC → ETHBTC → SOLBTC → USDTBTC → USDCBTC → XRPBTC → NEARBTC → DOGEBTC → ADABTC → LTCETH → NEARETH → SOLETH → USDTETH → USDCETH → XRPSOL → USDCNEAR → USDTETH → BNBSOL → NEARETH → AVAXETH → ARBNPRO → NEARNPRO → USDC

View all token swap pairs →

BTC to USAD: frequently asked questions

What to know before swapping Bitcoin for USAD

Use the widget on this page, already set to BTC on Bitcoin → USAD on Aleo: connect your wallet or pay by QR code, enter the amount and your Aleo address, and confirm. NEAR Intents swaps it and sends the USAD to that address in one flow, and the widget shows the exact amount you will receive before you confirm.