The VerifiedX Foundation announced the launching of Butterfly a revolutionary self-custodial social payment and commerce platform that allows users to send and receive VFX (the native VerifiedX coin), Bitcoin, USDT, and USDC instantly via text message, email, or any social media handle. Accessible at BeFree.io with any device and browser, or in VFX native SwitchBlade Wallets, Butterfly brings true peer-to-peer payments to the mainstream — completely borderless, permissionless, and without any centralized control or friction.
True P2P Payments — Simple, Instant, and Global
Butterfly users can send and receive funds directly from any existing wallet, exchange, or DEX funds owned, or seamlessly use integrated on/off-ramp providers such as Crypto.com, MoonPay, Banxa, or Stripe with a credit or debit card.
Transactions settle instantly, and users face no limits on transfer amounts. Whether moving $1 or $1,000,000, each transaction costs just $0.01, with every fungibletoken mint and transfer burning VFX, additionally accelerating the VerifiedX networks deflationary economics.
Self-Custody Without Complexity
Butterfly redefines what it means to send and receive payments with self-custodial status.
Users maintain complete ownership of their funds and data without the need to manage complex wallets or private keys. Access and security are as simple as using an encrypted username and password, while every interaction and payment remains fully native and on-chain.
Funds can be off-ramped directly to a bank account or kept within the users Butterfly account for future use — including merchant payments and transfers to other users.
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Social, Secure, and On-Chain
Every Butterfly message and media share is completely p2p, with all payments on-chain and self-custodial, ensuring full transparency and control. Users can send payments, along with emojis and messaging, through familiar communication channels — social media handles, emails, or text messages — all while staying native on the fully decentralizedVerifiedX Network, and the Bitcoin, USDT, and USDC ecosystems. Butterfly users can also recover unclaimed funds by recipients or mistaken sends with one-click cancellation.
The ethos of Butterfly is to make self-custody and crypto payments as intuitive as social media. For the first time, everyday people can transact globally, freely, and securely — no banks, no intermediaries, no friction.
Next Evolution: Borrowing, Lending, and Rewards
Following its initial release in the coming weeks, Butterfly will expand to include P2P lending and borrowing using Bitcoin and Stablecoins, along with p2p media tokens, social rewards and token-based incentives — all completely decentralized and self-custodial.
Borderless. Frictionless. Limitless.
Butterfly stands as the first self-custodial social P2P payment platform for everyday users — combining the ease of Venmo or Zelle with the sovereignty of blockchain ownership and without any authoritative control or censorship.
With zero restrictions, instant finality, and on-chain transparency, Butterfly represents a paradigm shift in how digital value, commerce and communication intersect.
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