# Offchain infrastructure Our offchain infrastructure has 4 key components: * **Stablecoin offboarding**: This is used to convert between fiat <> stablecoins. * **Banking:** This is used to receive the fiat currency from the stablecoin offboarding provider * **Custodian**: This is where all offchain assets are stored, including unspent fiat currency * **Broker Dealer:** This is how we procure all offchain assets, such as equity and fixed-income products The flow of funds typically works as follows: 1. HiYield borrows stablecoins from an onchain pool and sends to the stabelcoin offboarding partner 2. The offboarding partner wires fiat currency to our banking partner 3. Our banking partner wires fiat currency with additional instructions to a specific trust at the custodian 4. We contact the broker dealer to execute a trade 5. The trade is settled between the broker dealer and the custodian --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.hiyield.xyz/components/offchain-infrastructure.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.