How stablecoins are held during a P2P trade
Updated 2026-10-02
Before payment, ZyndPay reserves the seller’s stablecoins for the order. The seller cannot use them elsewhere during the trade. Learn how payment, release and disputes work. The hold reduces that counterparty risk, but it does not make a trade risk-free.
The crypto is locked before anyone pays
When an order opens, the seller’s stablecoin is placed in escrow on the ledger — held, not spendable. The seller cannot walk away with it, because it is no longer theirs to move until the trade completes.
This escrow is a ledger hold, recorded like any other movement. The buyer can see the amount is locked before sending any local-currency payment.
Timed windows and proof of payment
Each order runs on a timed payment window, so no trade stays open forever. The buyer pays off-platform and posts proof of payment in the order chat.
Payment methods must carry a verified name that matches the account, and third-party payments are refused — the person paying must be the person trading.
A trade, step by step
Say a buyer wants 500 USDT and takes a seller’s offer. The moment the order opens, the seller’s 500 USDT is locked in escrow on the ledger — the buyer can see it is held before parting with any money.
The buyer sends the agreed local-currency amount to the seller off-platform, then posts proof of payment in the order chat. The seller confirms receipt and releases; only then does the 500 USDT move from escrow to the buyer. If the seller stalls, the buyer can use the dispute path while the escrow remains locked for review.
When there is a dispute
If the two sides disagree, the order goes into a dispute: response windows, then escalation to human arbitration with a compliance-level second review. The escrow stays locked while the dispute is open, so neither side can move the funds during review.
Reputation is public — completion rate, trades completed, average release time — so counterparties are not anonymous.
FAQ
- When exactly is the crypto put in escrow?
- By the time an order opens. The seller’s stablecoin is held on the ledger from that moment, so it cannot be moved until the trade completes or is resolved.
- What stops someone paying from a different person’s account?
- Payment methods must carry a verified name matching the trading account, and third-party payments are refused.
- What happens if the buyer and seller disagree?
- The order enters a dispute with response windows and escalation to human arbitration (with a compliance-level second review). The escrow stays locked throughout.