Commodity · XAG

Silver (troy ounce) on U.CASH

Silver settles on-chain through Kinesis silver (KAG): each token stands for one troy ounce of allocated bullion in vault storage, priced from the metals market rather than a crypto feed.

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

Silver (troy ounce) at a glance

Code
XAG
Symbol
oz
Local rail
None in the set
Pegged tokens
1

Rails that settle XAG

No bank rail settles bullion at a checkout. The Kinesis silver token IS the rail: accept KAG and the ounce settles to your wallet with crypto finality.

Pegged tokens on U.CASH

Kinesis silver (KAG) trades on U.CASH: 1:1 against the troy ounce, market-priced, acceptable at checkout and swappable non-custodially.

Kinesis Silver

Kinesis Silver (KAG)

Pegged 1:1 to the silver (troy ounce). Accept it, swap it, hold it non-custodially.

How to accept XAG at checkout

Step 01

Open a checkout

A store, a payment link, or an embedded checkout on U.CASH Pay lists what buyers can pay with. Cards through your own processor account and the crypto assets cover checkout where no dedicated local rail serves the currency.

Step 02

Set your prices in XAG

Your prices stay denominated in Silver (troy ounce). The checkout derives the crypto amount live at payment time when a buyer pays with a digital asset, and the XAG figure is what your ledger reconciles against.

Step 03

Get paid

Card buyers settle through your processor, and buyers paying the XAG-pegged token settle on-chain to your wallet. Each payment arrives with its reference and transaction detail in the record.

Step 04

Settle your way

Hold receipts, convert them on a schedule, or pay out through the rails that reach your bank. Nothing about the currency choice locks the treasury path.

The XAG rails compared

Reach, flow mode, and what each rail asks of the buyer, from the rail registry.

Bank
SWIFT · Essentially every banking system · For corridors the local rails do not cover
Bank
SWIFT · Essentially every banking system · For corridors the local rails do not cover

The local-coverage picture for Silver (troy ounce) is thin in the current rail set, which is normal for smaller corridors: coverage concentrates where the banking infrastructure supports automated flows. That does not close the currency. SWIFT reaches essentially every XAG banking system for the bank-to-bank path, card processors serve XAG buyers globally through your own merchant account, and the XAG-pegged token settles the currency on-chain with no bank in the loop at all. Composing those paths is precisely what a multi-rail checkout is for.

The on-chain alternative

One XAG-pegged token trades on U.CASH: Kinesis Silver (KAG). It settles as a standard token on its chain, so a Silver (troy ounce) receipt can arrive on-chain without any bank in the loop, and the peg holds the two forms of the currency equivalent for accounting.

Silver (troy ounce): FAQ

How do I accept silver payments?
Enable Kinesis silver on your U.CASH checkout. Buyers pay from any wallet that holds KAG; the ounce settles to yours.
How is the silver price determined?
From the metals market: U.CASH prices KAG from the silver spot table, not from a crypto liquidity pool.
How do I price XAG when buyers pay crypto?
Price in Silver (troy ounce) and let the checkout derive: the invoice carries the XAG figure, the buyer's wallet sees the crypto equivalent at live rates, and your ledger reconciles against the XAG denomination. The currency of record never changes.
Should I hold the XAG peg or convert out on receipt?
Holding the pegged token keeps the exposure in Silver (troy ounce) terms, which suits a business whose costs are in Silver (troy ounce). Converting on receipt into your operating currency removes the exposure at the cost of the conversion fee. Both are checkout settings, changeable anytime.
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XAG, rails and chains

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