You walk into a coffee shop. Scan the QR code. Pay with Bitcoin, Ethereum, whatever crypto you hold. The merchant gets dollars instantly. Your wallet address? Never exposed to them. That’s RP1 Stables on Day 1 of mainnet.
How It Works
Customer perspective:
- Scan the merchant’s QR code
- Choose any crypto from your wallet (BTC, ETH, whatever you hold)
- Confirm the payment
- Done in under a second
Merchant perspective:
- Display a QR code (or integrate via API)
- Receive payment in your preferred currency (rUSD, USDC, or fiat equivalent)
- Settlement is instant — no 2-3 day wait like credit cards
- Fees under 0.1% (vs 2.9% + $0.30 for cards)
Privacy layer: The customer’s true wallet address is never revealed to the merchant. RP1’s privacy technology shields the transaction details while still enabling instant settlement. You get the convenience of crypto payments without broadcasting your holdings to every coffee shop you visit.
The RP1 Stables Ecosystem
RP1 Stables runs on RP1’s blockchain (100K+ TPS, sub-second finality). Here’s what’s in the ecosystem:
rUSD — Algorithmic stablecoin backed by crypto collateral (150%+ over-collateralized). Fully on-chain, transparent reserves.
srUSD — Yield-bearing version. Deposit rUSD, earn 5-8% APY automatically from stability fees and lending interest. No lock-up period.
Wrapped Stables (wrUSDC/wrUSDT) — IBC-wrapped versions of USDC and USDT. 1:1 backed, instantly redeemable.
StableSwap — Convert between stablecoins at 0.04% fees (vs 0.3% on typical DEXs). Curve-style AMM optimized for pegged assets.
Why This Matters
For Businesses
E-commerce processing $100K/month:
- Credit cards: $2,900/month in fees ($34,800/year)
- RP1 Stables: $100/month ($1,200/year)
- Annual savings: $33,600
Paying 50 contractors globally:
- Wire transfers: $2,500/month ($30,000/year)
- RP1 Stables: $5/month ($60/year)
- Annual savings: $29,940
For Individuals
Freelancer receiving $5K/month internationally:
- Traditional wire: $50/month in fees ($600/year)
- PayPal: $200/month in fees ($2,400/year)
- RP1 Stables: ~$0.50/month ($6/year)
Cost Comparison
| Payment Method | Fee | Settlement | Cross-Border |
|---|---|---|---|
| Credit Card | 2.9% + $0.30 | 2-3 days | Additional fees |
| Wire Transfer | $25-50 | 2-5 days | $40-60 |
| PayPal | 2.9% + $0.30 | 1-2 days* | 4-5% |
| RP1 Stables | <$0.01 | <1 second | Same as domestic |
The Bridge Comparison
Stripe paid $1.1 billion for Bridge — a stablecoin API layer that routes to external blockchains. RP1 Stables delivers what Bridge promises, but natively:
| Feature | Bridge (Stripe) | RP1 Stables |
|---|---|---|
| Settlement | External chains | Native (<1s) |
| Architecture | Centralized API | Decentralized |
| Custody | Custodial | Non-custodial |
| Yield | None | 5-8% APY |
We’re not middleware. We’re infrastructure.
What’s Coming
Day 1 Mainnet (Q1 2026):
- QR code payments at merchants
- Pay with any crypto, receive any stablecoin
- Privacy-preserving transactions
- Instant settlement
Coming Soon:
- RP1 Pay mobile app (iOS/Android)
- Bank account linking for fiat on/off-ramps
- Business API and payment links
- Treasury management tools with auto-yield
RP1 Stables: Send money, not fees.