What currencies are supported for fiat withdrawals?

Sheepy currently supports fiat withdrawals in Euro (EUR). This enables merchants and users to convert their cryptocurrency holdings into EUR and receive the funds through SEPA (Single Euro Payments Area) bank transfers. SEPA is widely used across the European Union and select associated countries, ensuring fast, reliable, and low-cost settlement of euro-denominated transfers.

All fiat withdrawal requests processed through Sheepy’s EUR support follow a streamlined pipeline - from conversion of digital assets to fiat, to transfer initiation through integrated banking rails. This setup offers a straightforward way for EU-based businesses to off-ramp crypto directly into their euro bank accounts. Support for other fiat currencies may be added in the future based on regulatory feasibility and merchant demand.