> ## Documentation Index
> Fetch the complete documentation index at: https://pay-docs.holdstation.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Create Crypto Payout

> Spend the MID's VND balance to send a stablecoin to a recipient wallet.

Spend the partner's MID VND balance to send a stablecoin to a recipient wallet. The order is created in a pending state awaiting operator approval — **no VND is debited at create time**. Once approved, Holdstation Pay debits the VND balance and broadcasts the on-chain stablecoin transfer.

See the [Crypto Payout](/guides/partner-merchant-virtual-account/crypto-payout) guide for the full flow.

<Note>
  The `token_address` must reference a stablecoin (token with `token_type=STABLECOIN`).
</Note>

## Authentication

<ParamField header="Partner-App-Key" type="string" required>
  Your partner app key.
</ParamField>

<ParamField header="X-HSPay-Signature" type="string" required>
  Base64-encoded Ed25519 signature of the sign data.
</ParamField>

<ParamField header="X-HSPay-Timestamp" type="string" required>
  Unix timestamp (seconds) of the request. Must be within 60 seconds of server time.
</ParamField>

<ParamField header="X-Idempotency-Key" type="string">
  Optional idempotency key to prevent duplicate orders. Can also be supplied in the request body via `idempotency_key`.
</ParamField>

## Body Parameters

<ParamField body="amount" type="string" required>
  Amount to spend or receive, depending on `currency`. Example: `"500000"`.
</ParamField>

<ParamField body="currency" type="string" required>
  How to interpret `amount`. `vnd` spends exactly this many VND from the MID balance; `token` sends exactly this many tokens to the recipient. Defaults to `vnd` if omitted.
</ParamField>

<ParamField body="token_address" type="string" required>
  Stablecoin token contract address on the target chain. Token must have `token_type=STABLECOIN`.
</ParamField>

<ParamField body="chain_id" type="integer" required>
  Target chain ID.
</ParamField>

<ParamField body="recipient" type="string" required>
  Recipient crypto wallet address.
</ParamField>

<ParamField body="callback" type="string" required>
  HTTPS webhook URL for receiving order status updates. See [Orders Webhook](/guides/webhooks/orders-webhook).
</ParamField>

<ParamField body="reference_no" type="string" required>
  Partner reference number. Use this to map the Holdstation Pay order to your internal record.
</ParamField>

<ParamField body="idempotency_key" type="string" required>
  Idempotency key to prevent duplicate orders. May also be passed via the `X-Idempotency-Key` header instead.
</ParamField>

<RequestExample>
  ```json Spend VND theme={null}
  {
    "amount": "500000",
    "currency": "vnd",
    "token_address": "0x55d398326f99059ff775485246999027b3197955",
    "chain_id": 56,
    "recipient": "0x0A24a21949b4eB8b7F434487fE31CA7b96148A4E",
    "callback": "https://yourapp.com/api/webhooks/payment",
    "reference_no": "PAYOUT-001",
    "idempotency_key": "unique-idempotency-key-001"
  }
  ```

  ```json Target Token Amount theme={null}
  {
    "amount": "20",
    "currency": "token",
    "token_address": "0x55d398326f99059ff775485246999027b3197955",
    "chain_id": 56,
    "recipient": "0x0A24a21949b4eB8b7F434487fE31CA7b96148A4E",
    "callback": "https://yourapp.com/api/webhooks/payment",
    "reference_no": "PAYOUT-002",
    "idempotency_key": "unique-idempotency-key-002"
  }
  ```
</RequestExample>

<ResponseExample>
  ```json 200 theme={null}
  {
    "message": "success",
    "data": {
      "success": true,
      "code": 0,
      "error": "",
      "order": {
        "id": "550e8400-e29b-41d4-a716-446655440000",
        "code": 300001,
        "state": 1,
        "processing_state": 0,
        "amount": "500000",
        "currency": "vnd",
        "outcome": "20",
        "rate": "25000",
        "token_address": "0x55d398326f99059ff775485246999027b3197955",
        "chain_id": 56,
        "recipient": "0x0A24a21949b4eB8b7F434487fE31CA7b96148A4E",
        "reference_no": "PAYOUT-001",
        "callback": "https://yourapp.com/api/webhooks/payment",
        "created_at": { "seconds": 1700000000, "nanos": 0 }
      }
    }
  }
  ```

  ```json 400 theme={null}
  {
    "error": "invalid token",
    "error_code": "INVALID_TOKEN",
    "message": "token_address is not a stablecoin"
  }
  ```
</ResponseExample>