We’re excited to introduce Automations. You can now create rules on your Fern accounts to automatically convert incoming crypto to USD. If you want to accept payment in crypto while primarily handling USD, this is for you.

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Set up an automation rule

In the left navigation bar, you'll find a new tab called Automations. For each wallet, choose the currencies and networks to automatically convert (e.g. USDC on Polygon) and select a destination bank account and payment method (e.g. Wire or ACH).

We currently support automatic conversion of USDC on all 5 networks (Arbitrum, Base, Ethereum mainnet, OP mainnet, and Polygon), and ETH on Ethereum mainnet.

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When an automation rule is active

Once the rule is active, existing wallet funds will be automatically converted to USD and transferred according to the rule.

Incoming payments or transfers of specified assets will also be automatically converted and transferred. In Activity, you'll see both the incoming payment and the automatic conversion. You’ll be notified once the USD payment is complete (typically 1-3 business days).

View, edit or delete an automation rule

On the Accounts page, you can see which accounts have automation rules set. You can click into a specific Account page to view the details of the automation rule.

The Automations page allows you to view all rules at a glance. To view and edit a specific automation rule, click one of the rows in the table.

Feedback?

We’re excited to continue making money move like magic for you. We’d love to hear what you think about these changes, or if you have any other suggestions for Fern. Drop us a line here.

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