OneSix Revolutionizes Crypto Transactions with QR Payments and Instant USDT Withdrawals to Rubles Translation: OneSix Revolutionizes Crypto Transactions with QR Payments and Instant USDT Withdrawals to Rubles

According to the OneSix team, Russian banks are tightening their scrutiny of incoming transfers and increasingly blocking cards of users involved in cryptocurrency transactions. Honest cryptocurrency holders are suffering due to the rise of «dirty» rubles in the market.

“OneSix is addressing this issue by eliminating the risks of card blocks. We’ve introduced a QR code payment feature using the Fast Payment System for USDT so users can transact without risk and pay directly. For those who need to withdraw rubles, OneSix provides a reliable solution for quick withdrawals to cards or via the Fast Payment System,” — representatives of the project comment.

OneSix enables users to store, send, and receive USDT on the TRON network (TRC-20). There are no fees for deposits, and transfers incur a fee of 2.5 USDT.

Users can withdraw funds onto bank cards or via the Fast Payment System. Transfers up to 15,000 rubles come from legal entities, while larger amounts are processed through trusted P2P agents. The average processing time ranges from 1 to 20 minutes.

OneSix supports the payment of ruble QR codes in stores. The average transaction time is 1 to 2 minutes.

“This method is not suitable for offline stores where the code is active for just a minute. However, it works well for online payments — such as on Ozon, Yandex Food, Yandex Travel, and other services,” — the representatives of OneSix point out.

The service allows for the creation of branded invoices and payment links to accept payments in USDT. For businesses, the following features are available:

All incoming and outgoing transactions undergo AML checks. Funds that do not pass the verification are returned to the sender.

OneSix is registered as a legal entity in Kyrgyzstan. According to the project team, the service is in the final stage of obtaining a cryptocurrency license in this jurisdiction.

OneSix offers a two-tier referral program. Participants earn 30% commissions for users referred in the first tier and 5% for the second tier. Rewards are given for all transactions related to rubles made by referred clients: payments of QR codes and withdrawals via the Fast Payment System or to cards.

There are no limits on the number of referrals. Commissions are credited to the balance immediately after the operation of the referred client is completed.

At this stage, the service operates without a KYC procedure.

In the near future, the OneSix team plans to enhance the service’s functionality. The company intends to launch cryptocurrency purchases using bank cards and through the Fast Payment System, as well as direct withdrawals to cards and via the Fast Payment System from legal entity accounts without using P2P agents.

Additionally, OneSix plans to introduce new assets: USDT (BEP-20 and ERC-20), USDC (ERC-20), Bitcoin, Ethereum, Litecoin, TRON, Solana, and TON. Other updates include cryptocurrency exchange within the wallet, the launch of cryptocurrency processing for businesses, and the implementation of verification.

It is worth noting that in November, Kyrgyzstan launched a gold-backed stablecoin, USDKG.