diff --git a/governance/xc_admin/packages/xc_admin_cli/src/index.ts b/governance/xc_admin/packages/xc_admin_cli/src/index.ts
index 0a44195c0c..5fb37defc7 100644
--- a/governance/xc_admin/packages/xc_admin_cli/src/index.ts
+++ b/governance/xc_admin/packages/xc_admin_cli/src/index.ts
@@ -30,6 +30,12 @@ import {
 import { pythOracleProgram } from "@pythnetwork/client";
 import { Wallet } from "@coral-xyz/anchor/dist/cjs/provider";
 import { LedgerNodeWallet } from "./ledger";
+import {
+  createTransferInstruction,
+  getAssociatedTokenAddress,
+  getMint,
+} from "@solana/spl-token";
+import { TOKEN_PROGRAM_ID } from "@coral-xyz/anchor/dist/cjs/utils/token";
 
 export async function loadHotWalletOrLedger(
   wallet: string,
@@ -299,4 +305,59 @@ mutlisigCommand("approve", "Approve a transaction sitting in the multisig")
     await squad.approveTransaction(transaction);
   });
 
+mutlisigCommand("propose-token-transfer", "Propose token transfer")
+  .requiredOption("-a, --amount <number>", "amount in dollars")
+  .requiredOption("-d, --destination <pubkey>", "destination address")
+  .option(
+    "-m --mint <pubkey>",
+    "mint to transfer",
+    "EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1v" // default value is solana mainnet USDC SPL
+  )
+  .action(async (options: any) => {
+    const wallet = await loadHotWalletOrLedger(
+      options.wallet,
+      options.ledgerDerivationAccount,
+      options.ledgerDerivationChange
+    );
+
+    const cluster: PythCluster = options.cluster;
+    const destination: PublicKey = new PublicKey(options.destination);
+    const mint: PublicKey = new PublicKey(options.mint);
+    const vault: PublicKey = new PublicKey(options.vault);
+    const amount: number = options.amount;
+
+    const squad = SquadsMesh.endpoint(getPythClusterApiUrl(cluster), wallet);
+    const msAccount = await squad.getMultisig(vault);
+    const vaultAuthority = squad.getAuthorityPDA(
+      msAccount.publicKey,
+      msAccount.authorityIndex
+    );
+
+    const mintAccount = await getMint(
+      squad.connection,
+      mint,
+      undefined,
+      TOKEN_PROGRAM_ID
+    );
+    const sourceTokenAccount = await getAssociatedTokenAddress(
+      mint,
+      vaultAuthority,
+      true
+    );
+    const destinationTokenAccount = await getAssociatedTokenAddress(
+      mint,
+      destination
+    );
+
+    const proposalInstruction: TransactionInstruction =
+      createTransferInstruction(
+        sourceTokenAccount,
+        destinationTokenAccount,
+        vaultAuthority,
+        BigInt(amount) * BigInt(10) ** BigInt(mintAccount.decimals)
+      );
+
+    await proposeInstructions(squad, vault, [proposalInstruction], false);
+  });
+
 program.parse();
diff --git a/governance/xc_admin/packages/xc_admin_frontend/package.json b/governance/xc_admin/packages/xc_admin_frontend/package.json
index 6b3d63c22f..1bc5a56583 100644
--- a/governance/xc_admin/packages/xc_admin_frontend/package.json
+++ b/governance/xc_admin/packages/xc_admin_frontend/package.json
@@ -12,6 +12,7 @@
     "@coral-xyz/anchor": "^0.26.0",
     "@headlessui/react": "^1.7.7",
     "@pythnetwork/client": "^2.15.0",
+    "@solana/spl-token": "^0.3.7",
     "@solana/wallet-adapter-base": "^0.9.20",
     "@solana/wallet-adapter-react": "^0.15.28",
     "@solana/wallet-adapter-react-ui": "^0.9.27",
diff --git a/package-lock.json b/package-lock.json
index 279bfc8c33..1c3353fc3b 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1416,6 +1416,7 @@
         "@coral-xyz/anchor": "^0.26.0",
         "@headlessui/react": "^1.7.7",
         "@pythnetwork/client": "^2.15.0",
+        "@solana/spl-token": "^0.3.7",
         "@solana/wallet-adapter-base": "^0.9.20",
         "@solana/wallet-adapter-react": "^0.15.28",
         "@solana/wallet-adapter-react-ui": "^0.9.27",
@@ -85165,6 +85166,7 @@
         "@coral-xyz/anchor": "^0.26.0",
         "@headlessui/react": "^1.7.7",
         "@pythnetwork/client": "^2.15.0",
+        "@solana/spl-token": "*",
         "@solana/wallet-adapter-base": "^0.9.20",
         "@solana/wallet-adapter-react": "^0.15.28",
         "@solana/wallet-adapter-react-ui": "^0.9.27",