> For the complete documentation index, see [llms.txt](https://docs.tylt.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tylt.money/tylt-crossramp-fiat-crypto-solutions/philippines-php/instapay-payout-php-usdt.md).

# InstaPay Payout (PHP → USDT)

<figure><img src="/files/swp0zmHqNbwgfME6QmmB" alt=""><figcaption></figcaption></figure>

This section provides a reference for integrating Tylt CrossRamp’s off-ramp flow in the Philippines using InstaPay / PESONet rails.

Through this integration, merchants can initiate transfers of stablecoins (USDT) to end users, who can subsequently convert the received crypto-assets into fiat (PHP) via local payment rails.

Tylt does not process or hold fiat funds. All fiat transactions are executed via regulated payment partners.

***

#### Conversion & Settlement Model

1. Each transaction is processed using a real-time conversion quote.
2. At the time of initiation, a USDT → PHP quote is generated. The merchant initiates a transfer of stablecoins to the end user, who reviews and accepts the quote and proceeds with the off-ramp flow based on the provided transaction details.
3. Upon completion of the off-ramp flow, the corresponding crypto-asset conversion is executed, and the resulting fiat amount is made available to the end user via InstaPay or PESONet through a regulated payment partner.
4. Processing is continuous and not batch-dependent. All transactions are reconciled through a daily settlement cycle to ensure balance consistency.

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#### Settlement Overview

| Attribute               | Description                                      |
| ----------------------- | ------------------------------------------------ |
| **Quote Model**         | Real-time FX quote per transaction (USDT → PHP)  |
| **Debit Timing**        | USDC debited upon execution of the off-ramp flow |
| **Settlement Currency** | USDT (merchant side)                             |
| **Fiat Currency**       | PHP                                              |
| **Payment Method**      | InstaPay / PESONet (Philippines local rails)     |
| **Source**              | Merchant Tylt Wallet                             |

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#### What You’ll Find in the API Reference

**1. Off-Ramp Flow (USDT → PHP)**\
Guidance for initiating off-ramp flows, including transferring stablecoins to end users and enabling fiat conversion via local rails.

**2. Endpoint Descriptions**\
Detailed specifications for all API endpoints, including parameters, authentication requirements, webhook structure, and lifecycle states.

**3. Request & Response Formats**\
Structured JSON examples covering off-ramp creation, status tracking, webhook payloads, and error handling.

**4. Code Examples**\
Reference implementations in Node.js, Python, and other common stacks.

***

#### Summary

This API enables merchants to initiate off-ramp flows, allowing end users to convert stablecoins into fiat via local bank transfer mechanisms, with all crypto-asset conversion and settlement managed within Tylt’s infrastructure.