Members can now operate segregated on-chain EMT Wallets to safeguard end-user fiat (EUR, GBP, USD) and manage their own funds effectively. This includes handling deposits, withdrawals and topping up/drawing down their Corporate/Liquidity EMT Wallet through the dashboard or API.
A member can create multiple wallets and tag them as either Client Money
or Corporate
. Please note that the Member should maintain segregation between EMTs issued against their own funds (Corporate) and EMTs issued against their customers’ funds.
Wallet creation is handled by Fiat Republic after enabling the feature for the Member.
The EMT Wallet Object
Attribute | Description | Format/Enum |
---|---|---|
id string | Unique identifier of the EMT Wallet. | e.g. |
owner.type | Owner of the EMT Wallet. |
|
owner.id | Unique identifier of the owner of the EMT Wallet. | e.g. |
tags | Type of EMT Wallet. |
|
status | Status of the EMT Wallet |
|
label | An optional label to easily identify the EMT Walle on the Dashboard.. | |
token | Name of the Fiat Republic's token. | e.g. |
walletDetails | Object contain EMT Wallet details for blockchain identification | |
walletDetails.token | Name of the token for which this EMT Wallet can be used. | e.g. |
walletDetails.address | Onchain address of the wallet. | |
walletDetails.blockchain | Name of the blockchain on which the token was created | e.g. |
balance.actual | Full balance of the EMT Wallet, including any pending payments | |
balance.available | Available balance of the EMT Wallet that can be consumed. | |
balance.reserved | Total of all pending payments that have been created but not yet completed. | |
createdAt | Epoch timestamp at which the object was created. | e.g. |
updatedAt | Epoch timestamp at which the object was last created. | e.g. |
metadata | Additional data in JSON | See Metadata for more information. |