> For the complete documentation index, see [llms.txt](https://docs.midcontract.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.midcontract.com/why-midcontract/multi-currency-payouts-and-comparison-with-traditional-platforms.md).

# Multi-Currency Payouts & Comparison With Traditional Platforms

Working across borders shouldn’t mean slow payments and high fees.

Midcontract gives freelancers and clients modern, flexible payment options — with minimal friction.

***

### **💵 Get Paid How You Want**

Freelancers and agencies can choose to receive payments in:

* **Stablecoins** (USDT, USDC, etc.)
* **Fiat** (via local gateways or international wire)

Clients can deposit funds in either **fiat or stablecoins** — Midcontract handles conversion and escrow without touching the funds.

No matter how your clients pay — you always get paid your way: stablecoins or local method.

***

### **⚖️ Midcontract vs Traditional Platforms**

| Feature                | Upwork                                  | Fiverr                                  | Midcontract                      |
| ---------------------- | --------------------------------------- | --------------------------------------- | -------------------------------- |
| Payment options        | ⚠️ Fiat only (limited methods, FX fees) | ⚠️ Fiat only (limited methods, FX fees) | ✅ Stablecoins + fiat on/off-ramp |
| Payout speed           | ❌ 5–14 days                             | ❌ 5–7 days                              | ✅ Instant after approval         |
| Escrow system          | ⚠️ Basic                                | ⚠️ Basic                                | ✅ Smart contract-based           |
| Freelancer fee         | ❌ 10–20%                                | ❌ 20%                                   | ✅ 3.6%                           |
| Client fee             | ❌ 5–30%                                 | ❌ 5.5%                                  | ✅ 1.9%                           |
| Reputation portability | ❌ Platform-locked                       | ❌ Platform-locked                       | ✅ On-chain, user-owned           |

***

### **✅ Why It Matters**

* **Faster cash flow** — no more weeks-long delays
* **Lower fees** — you keep more of what you earn
* **Flexible payouts** — work globally, get paid locally
* **Trustless infrastructure** — no one holds your money hostage

Midcontract lets you choose how you get paid — and makes it easy for clients to fund projects without delays or hidden costs.

[🔗 Explore how escrow works →](https://docs.midcontract.com/why-midcontract/smart-contract-workflow-from-agreement-to-payout)