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

# Accounts and Wallets

> The payment account a verified space receives, the wallets it holds, and how balances are reported.

## The payment account

Each verified space — company or personal — has exactly one **payment account**. It is provisioned automatically when verification passes; there is nothing to request. The account is the umbrella for everything money-related in that space: its wallets, its balances, and the documents that describe it.

| Property                 | What it tells you                                                                   |
| ------------------------ | ----------------------------------------------------------------------------------- |
| `status`                 | Where provisioning has got to. Money movement opens only once the account is active |
| `money_movement_enabled` | Whether funding, transfers, and payouts are permitted right now                     |
| `legal_entity`           | The verified company or individual the account belongs to                           |

An account can be active while a particular rail is still closed. Account status answers "can this space move money at all"; rail standing answers "over which route" — see [Money movement](/payments).

## Wallets

An account holds wallets of two kinds.

| Kind         | Receives over                                      | Holds                             |
| ------------ | -------------------------------------------------- | --------------------------------- |
| `fiat`       | Payment rails, using per-rail deposit instructions | A balance in a supported currency |
| `stablecoin` | A deposit address, on a named chain                | Third-party stablecoins           |

A first fiat wallet and a first stablecoin wallet are created when the account activates. You can add more wallets to the same account as you need them.

<Warning>
  Buburuza does not issue a stablecoin. A stablecoin wallet holds assets issued by other parties, USDC by default. The issuer of the asset, not Buburuza, stands behind its value and its redemption.
</Warning>

## Balances

Every balance is reported as a **decimal string**, not a floating-point number, so no value is lost on the way to your code. Each wallet reports three components:

| Component   | Meaning                                               |
| ----------- | ----------------------------------------------------- |
| `available` | What you can spend right now                          |
| `pending`   | Money in flight — deposits that have not settled yet  |
| `hold`      | Amounts reserved against operations already under way |

`available` is the only figure a payment is priced and authorised against. A balance you can see in `pending` cannot be spent until it settles.

## Statements and letters

Two documents are produced per account:

* an **account statement** for a period you choose,
* a **bank letter** confirming the account's details, for counterparties who ask for one before paying you.

## What gates an account

Two things stand between a space and money movement, and they fail differently:

1. **Verification.** Until it passes, the account does not exist and no money can move.
2. **Tier.** A company verified at a lighter tier may be able to receive funds while outbound movement stays closed. The dashboard shows which applies to you.

## Related

<Card title="Money movement" icon="arrow-right-arrow-left" href="/payments">
  What you can do once a wallet holds a balance.
</Card>


## Related topics

- [Buburuza Documentation](/index.md)
- [Money Movement](/payments.md)
- [Quickstart](/quickstart.md)
- [Introduction](/introduction.md)
- [Teams and Spaces](/team.md)