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Dubai-Based iTeller Launches Crypto-to-Fiat Platform for Global Payments

Dubai-Based iTeller Launches Crypto-to-Fiat Platform for Global Payments

ITeller, a crypto and fintech platform, officially launched its crypto-to-fiat service on May 27 in Dubai, UAE. The platform lets users deposit cryptocurrencies like USDT, USDC, BTC, and ETH and convert them into fiat for global payouts, virtual cards, and multi-currency accounts. It's aimed at both individuals and businesses — think contractor payments, supplier invoices, or OTC treasury moves.

What's on Offer

The service includes global fiat payouts, crypto-funded virtual cards, and on-ramp/off-ramp conversion. Users can hold multi-currency accounts and settle in USDT. The platform uses standard security measures: identity verification, encryption, and multi-factor authentication. It's available on iOS and Android.

Who It's For

ITeller targets a broad range of use cases. Individuals can use it for international settlements or OTC needs. Businesses can handle contractor and supplier payments, or move treasury funds across borders. The platform says eligibility depends on jurisdiction, but the goal is to make crypto-to-fiat practical for everyday money movement.

CEO on the Vision

CEO Mohammad Taher Khayami said the goal is to make crypto-to-fiat access more practical, secure, and simple for global money movement. The launch in Dubai positions iTeller in a hub for crypto innovation, but the service is global — subject to local rules.

The platform is live now via mobile apps. Whether it can compete with established on/off-ramp providers remains to be seen, but the timing — mid-2026, with crypto adoption still climbing — gives it a shot.