Threshold Address

SET Direct Deposit · Live since 2026-11-09 · Draft guide

A Threshold Address suits a payee who earns many small USDC payments (bounty payouts, agent earnings, contest prizes) and does not want a separate bank payment, with its own fee floor, for each one. The payee opens a custodial wallet, held by SET's provider, on Base or Ethereum and sets a threshold: "when this wallet holds at least $X, send all of it to my bank." Platforms pay the wallet's address. Once the USDC balance reaches the threshold, SET withdraws the whole balance to the payee's own bank in one ACH payment.

For partners

• GET /api/partner/address answers acceptsPayouts: true with kind: "threshold_address". Pay it exactly as you would a Cash-Out Address.
• A deposit from one of your registered sender wallets names you as the Travel Rule originator, and you receive threshold_deposit.received: event id, chain, address, amount, sending wallet and Travel Rule state. It carries no payee data.
• A deposit from any other wallet is recorded as an unknown sender.

For payees

• The payee sets, changes and stops the rule while signed in to SET Wallet, with the Terms version and fee shown. SET's operator cannot set, change or trigger it.
• The destination can only be one of the payee's own linked bank accounts. SET checks that when the rule is set and again before every sweep. It is never a crypto address and never anyone else's bank.
• The lowest threshold is the wallet's bank minimum (5.00 USDC today), and at least 1.00 must arrive after SET's fee. A sweep is the payee's own withdrawal, with the same fee as a manual one (3%).
• One withdrawal runs at a time per wallet. SET checks each wallet about every 30 minutes.

Not yet included

• Revenue share on threshold sweeps for partners.
• Threshold deposits in the partner statement and year-end tax data.
• Payable Email resolving to a Threshold Address.
• Solana.