YapBay MVP Live

The $900 Billion Remittances Problem

Sub-$200 remittances face the highest fees, disproportionately hurting the families that need every dollar most.

6.36%

Global average cost to send $200 (World Bank, Q2 2025). More than double the 3% SDG target.

8.78%

Average cost to send $200 to Sub-Saharan Africa (World Bank, Q1 2025). The world's most expensive corridor.

800M+

People without official ID, locked out of formal financial systems. Another 2.8B lack digital ID.

HOW IT WORKS

P2P Remittances via Stablecoin Rails

Chain together two P2P trade offers into one fiat-in, fiat-out transaction. Your recipient gets local fiat -- no crypto knowledge required.

1

Sender Deposits Stablecoin

Sender chooses a P2P offer and deposits USDC into the smart contract escrow.

2

Recipient Receives Fiat

A second P2P trader fulfills the outgoing payment -- recipient receives local fiat directly.

3

Escrow Releases Funds

Smart contract confirms both sides complete and releases funds atomically.

FEATURES

Built for the Global South

YapBay is a Web3 P2P remittances network on Solana -- fast, cheap, and resistant to censorship.

Near-Zero Fees

Low protocol fees. Pay only gas and the offer creator's spread.

Trustless Escrow

Sequential smart contract escrow. No trust required between parties.

KYC-Free

No protocol-level identity verification. Privacy by design.

Censorship Resistant

Built on Solana. No single point of control or shutdown.

Combo Remittances

Buy groceries, medicine, essentials for recipients. Home delivery included.

Fully Open Source

All code MIT licensed. Audited by the community.

TRACK RECORD

Proven in the Field

~10,000

People onboarded to crypto through our prior fieldwork in Latin America (2018-2021)

Madrid to Caracas

Remittances pilot popular among Venezuelan expats in Spain (2019)

Nigeria + Venezuela

Active communities building right now

Ready to send?

Join the community building the future of borderless, affordable remittances.

Join the Telegram Community View on GitHub