Hello,
Yes.
Using the Fiat Coin Adapter extension to the plugin, it is possible for an admin to process user fiat deposits and withdrawals via bank transfer. Therefore users who have a fiat currency balance, can use the [wallets_move]
shortcode to transfer fiat currencies to other users.
Additionally, through the CoinPayments adapter extension, it is possible for users to deposit cryptocurrency stable balances for stablecoins such as USDT, TUSD, etc. These can also be transferred between users.
It is not possible to deposit or withdraw fiat currencies via credit cards or other means, unless if you develop your own solution for this.
Hope this helps. Please let me know here if you have any further questions on this topic. (Or if you have a different question about the plugin and its extensions, please open a new thread.)
with regards,
Alex