Swap DOGE to USDC, No KYC
Lock in the move without sending Dogecoin to a CEX. Native DOGE in, real USDC (or USDT) out on the chain of your choice. No account, no holding period, no withdrawal queue.
Why exit DOGE to stables on THORChain
Most DOGE holders who want to sit in stablecoins route through Binance or Coinbase. Deposit DOGE, sell, wait for USD or USDC withdrawal. THORChain replaces the entire flow with one DOGE send — the stablecoin lands in your wallet on the chain you pick.
- Non-custodial exit — your DOGE is never held by an exchange during the swap.
- No KYC, no holding periods, no withdrawal caps — because there is no operator to impose them.
- Reversible — the same pools route stable → DOGE if you want back in.
Step-by-step: DOGE to stablecoins
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Pick the stablecoin variant
USDC and USDT live on multiple chains. Pick the version that matches where you want the stables to land — Ethereum USDC if you are going to an ETH wallet, other chains as THORChain adds pools. The interface lists every supported variant.
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Open the DOGE → stablecoin swap page
Open the cross-chain swap interface for DOGE → USDC (or USDT). It pulls the live THORChain quote with expected output, fees, and slippage.
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Paste your destination address
Enter the address on the stablecoin chain. For Ethereum USDC, that is a standard 0x address. Double-check the first and last four characters before signing anything.
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Review the quote
Confirm expected USDC output, protocol fee, outbound miner fee on the destination chain (paid in the chain-native gas token), and slippage. Nothing is signed yet — cancel if anything looks off.
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Sign and broadcast the DOGE send
Your DOGE wallet builds one transaction: a send to the THORChain inbound address with the swap memo in OP_RETURN. Broadcast it. That is the only action you take.
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Receive USDC at your destination
THORChain routes DOGE → RUNE → stable, then broadcasts the outbound transaction on the destination chain. USDC/USDT lands at your address. Typical end-to-end time is 15–25 minutes.
Alternative: borrow against DOGE instead of selling
A swap to stables closes your DOGE position. If you want stablecoin liquidity but want to keep DOGE exposure, Rujira Money Market lets you post DOGE as collateral and borrow stables against it.
DOGE to stablecoin questions
Is this really KYC-free?
Yes. THORChain is a permissionless protocol with no operator, so there is no entity to do KYC. You sign one DOGE send from your own wallet; the stablecoin lands at a wallet you control. No account, no identity check, no holding period.
Which stable should I pick — USDC or USDT?
Pick the one whose chain matches your next step. For ETH or L2 destinations, USDC on the matching chain; for simple long-term sit-in-stable, pick whichever has the deepest THORChain pool at the time (less slippage). The interface shows depth live.
Is my DOGE wrapped?
No. DOGE leaves your wallet as native DOGE and lands in a THORChain vault on the Dogecoin chain. The stablecoin you receive is the real ERC-20 (or equivalent) on its native chain — not a wrapped derivative.
What fees do I pay in total?
THORChain protocol swap fee (~0.3%), outbound miner fee on the destination chain (paid in the destination-chain gas token, e.g. ETH for Ethereum USDC), and slippage. No deposit fee, no withdrawal fee, no spread tax.
Can I swap stables back to DOGE the same way?
Yes. The same pools run both directions. Connect a wallet on the stablecoin chain, select stable as the sell asset and DOGE as the buy asset, paste your DOGE destination address.
What if I want to keep DOGE exposure but also have stables?
Borrow stables against DOGE on Rujira Money Market instead of selling. You keep your DOGE position; stables are extended against it as collateral. Different risk profile (liquidation vs. selling outright) — see the borrow guide for details.