Application US20200082365

CRYPTOCURRENCY PAYMENT NETWORK
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US20200082365

1. A method of settling a transaction, comprising: (11) (4)

receiving, by a payment service, a request for payment associated with the transaction between a first user and a second user, wherein the request specifies a payment amount in a fiat currency;

identifying, by the payment service, an indication that the first user intends to satisfy the request for payment using a non-fiat currency;

initiating, by the payment service, a first transfer of a value corresponding to the payment amount from a first balance holding the non-fiat currency for the first user to one or more service balances of the payment service, wherein the first balance is stored in one or more data structures maintained by the payment service; and

initiating, by the payment service, a second transfer of a value corresponding to the payment amount in the fiat currency from the one or more service balances of the payment service to a second balance of the second user, wherein the second balance is stored in the one or more data structures maintained by the payment service.

2. The method of claim 1, wherein the non-fiat currency comprises: (0) (3)

3. The method of claim 1, wherein the identifying the indication that the first user intends to satisfy the request for payment using a non-fiat currency comprises: (1) (2)

5. The method of claim 1, wherein the identifying the indication that the first user intends to satisfy the request for payment using a non-fiat currency comprises: (1) (2)

7. The method of claim 1, wherein the first user has multiple payment accounts with the payment service, each of the payment accounts being associated with a different currency, and wherein the identifying the indication that the first user intends to satisfy the request for payment using a non-fiat currency comprises: (0) (2)

8. The method of claim 1, wherein the initiating a first transfer of a value corresponding to the payment account in the non-fiat currency from a first balance of the first user to one or more service balances of the payment service comprises: (0) (2)

9. The method of claim 1, wherein the request for payment comprises: (1) (2)

a first identifier corresponding to the first user; and

a second identifier corresponding to the second user.

10. The method of claim 9, further comprising: (0) (1)

12. The method of claim 1, wherein the non-fiat currency comprises: (0) (3)

13. The method of claim 1, wherein the instructions operable when executed to identify the indication that the first user intends to satisfy the request for payment using a non-fiat currency comprises instructions operable when executed to: (1) (2)

15. The method of claim 1, wherein the instructions operable when executed to identify the indication that the first user intends to satisfy the request for payment using a non-fiat currency comprises instructions operable when executed to: (1) (2)

17. The method of claim 1, wherein the first user has multiple payment accounts with the payment service, each of the payment accounts being associated with a different currency, and wherein the instructions operable when executed to identifying the indication that the first user intends to satisfy the request for payment using a non-fiat currency comprises instructions operable when executed to: (0) (2)

18. The method of claim 1, wherein the instructions operable when executed to initiate a first transfer of a value corresponding to the payment account in the non-fiat currency from a first balance of the first user to one or more service balances of the payment service comprises instructions operable when executed to: (1) (2)

debit the value from the first balance; and

credit the value to one or more of the service balances.

19. The method of claim 18, further comprising instructions operable when executed to: (0) (1)

11. One or more computer-readable non-transitory storage media embodying software for settling a transaction comprising instructions operable when executed to: (0) (4)

receive, by a payment service, a request for payment associated with the transaction between a first user and a second user, wherein the request specifies a payment amount in a fiat currency;

identify, by the payment service, an indication that the first user intends to satisfy the request for payment using a non-fiat currency;

initiate, by the payment service, a first transfer of a value corresponding to the payment amount from a first balance holding the non-fiat currency for the first user to one or more service balances of the payment service, wherein the first balance is stored in one or more data structures maintained by the payment service; and

initiate, by the payment service, a second transfer of a value corresponding to the payment amount in the fiat currency from the one or more service balances of the payment service to a second balance of the second user, wherein the second balance is stored in the one or more data structures maintained by the payment service.

20. A system for settling a transaction comprising one or more processors and a memory coupled to the processors comprising instructions executable by the processors, the processors being operable when executing the instructions to: (0) (4)

receive, by a payment service, a request for payment associated with the transaction between a first user and a second user, wherein the request specifies a payment amount in a fiat currency;

identify, by the payment service, an indication that the first user intends to satisfy the request for payment using a non-fiat currency;

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Application US20200082365

CRYPTOCURRENCY PAYMENT NETWORK

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