Reveel Pay(ID) is a universal stablecoin payment ID. It can receive any stablecoin, from any chain, simplifying the onchain P2P payment experience.

Stablecoins are a digital form of money. They are crypto currencies, like Ethereum or Bitcoin, that are pegged to the value of traditional currencies (US Dollar, Euro, Yen…). For instance, $1 USDC is worth $1 US Dollar. Stablecoins allows people to transact traditional currencies globally, at the speed & low cost of sending crypto currencies.

Onchain P2P payments are complicated - someone with USDT on BNB Chain might want to pay a person who only accepts USDC on Base. This requires bridging, swapping, etc. The Pay(ID) leverages chain-abstraction & intents to connect users across chains & tokens.

PayID is now live for all Epic Pass holders, with general access opening to everyone in Q1 2025.

The Reveel Pay(ID) infrastructure is designed to scale to handle all Stablecoins on all blockchain networks. This v1 supports USDC, USDT, PYUSD, FDUSD, BUSD, BFUSD, USDD, DAI, and EUROC, on the Ethereum, Polygon, Optimism, Base, and BNB Chain (BSC) networks. Pay(ID) v1 also supports native tokens, such as Ethereum, Matic, and BNB. We are constantly expanding chain & token coverage. Let us know what token or chain you’d like us to add.

Pay(ID) is already available in several applications, including the Reveel App and the Pay(ID) App. Reveel has secured integrations with leading partners to make Pay(ID) available everywhere you make payments.

Reveel is a leading stablecoin payment infrastructure company that is building the P2P payment network for the future of the internet. Reveel is backed by world-class investors, such as Binance Labs, Moment Ventures, and Outlier Ventures. Learn more about Reveel at r3vl.xyz.