The investor sends stablecoin to a fund-controlled address, the administrator confirms receipt, and units are issued at the dealing-day NAV, with the same KYC, eligibility checks and contract note as a fiat subscription. Redemptions can be paid back the same way to a verified wallet.
Stablecoin settlement suits crypto-native allocators whose treasury is already in stablecoins and removes banking cut-off times from the dealing cycle.