Verified Settlement Endpoints
Verified Settlement Endpoints (VSE)
A Verified Settlement Endpoint (VSE) is any wallet, system, or integration point that can send or receive stablecoins during a settlement flow.
VSEs are non-custodial. iBnk does not hold funds — each VSE manages its own assets.
example：
Client → iBnk API → Routing Engine → Sender VSE → Receiver VSE (testnet)
Why VSEs Matter
VSEs are the key participants in the iBnk routing layer. They represent:
- liquidity sources (testnet stage)
- settlement destinations
- participants in early user testing
- partners helping validate routing behaviour
During Sandbox, anyone can join as a VSE as long as they can sign transactions.
No KYC/KYB is required during Sandbox.
This allows developers、fintech teams、and early testers to participate freely.
What VSEs Can Do in Sandbox
- receive settlement payloads
- simulate cross-stablecoin flows
- act as a liquidity participant
- test routing logic
- provide feedback on UX/API
- help shape how iBnk handles multi-endpoint routing
These interactions happen on testnets only.
VSE Status Checks
The iBnk API allows integrators to check whether a VSE is available:
GET /vse/status?vse_id=xxxx
This simply confirms:
- endpoint reachable
- wallet active
- ready for simulated settlement
No value movement, no real liquidity involved.
Transition to Staging
Once iBnk moves to Staging, VSEs will require：
- identity verification（KYC/KYB）
- risk checks
- endpoint documentation
- more stable liquidity requirements
- adherence to compliance frameworks
But Sandbox VSEs will be prioritised for early access.
Transition to Production
Production VSEs will represent：
- regulated fintechs
- stablecoin issuers
- financial institutions
- payments companies
- enterprise endpoints
Only verified and compliant actors can settle flows in Production.
Benefits for Early VSEs（Sandbox Rewards）
Early VSEs receive:
- priority onboarding to future stages
- visibility into routing architecture
- early influence on product design
- eligibility for future incentive programs
- private updates via Discord/Slack
Early feedback shapes the final product.