Fiat currency · QAR

Qatari Rial on U.CASH

The Qatari rial is the currency of the world's largest liquefied-natural-gas exporter per capita, pegged to the US dollar at 3.64 since 2001. The peg means no FX surprises against the settlement currency; cross-border the rial settles by SWIFT with cards on both processors.

Rails settle it at checkout; pegged tokens settle it on-chain. Both live on the same non-custodial U.CASH checkout.

Qatari Rial at a glance

Code
QAR
Symbol
QR
Local rail
None in the set
Pegged tokens
0

Rails that settle QAR

Rial checkouts can offer SWIFT for bank transfers and cards through your own Stripe or Verifone account.

SWIFT

International. Manual rail, no processor account.

Stripe

Worldwide. Card processing via your own account.

Verifone (2Checkout)

Worldwide. Card processing via your own account.

Pegged tokens on U.CASH

No rial stablecoin trades on U.CASH today, though the rial itself is dollar-pegged at 3.64. On-chain settlement in USDT or USDC is therefore close to a native QAR rail.

No QAR-pegged token trades on U.CASH today. Card rails and the crypto assets cover checkout settlement.

Where it settles

Countries served by the Qatari Rial rails on U.CASH.

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Qatari Rial: FAQ

Can I accept Qatari rial payments?
Yes: SWIFT delivers rials to a Qatari account, and cards clear QAR through both processors.
Is the rial pegged to the dollar?
Yes, at 3.64 to one since 2001, which makes dollar stablecoins a near-frictionless on-chain equivalent for QAR settlement.
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QAR, rails and chains

Bank rails for the checkout, pegged tokens for on-chain settlement, one non-custodial platform.