---
type: entity
entity_type: protocol
name: P2P Protocol
domain: entertainment
status: active
founded: ~2023
headquarters: Unknown
key_people: []
website: 
twitter: "@p2pdotfound"
---

# P2P Protocol

## Overview

P2P Protocol is a stablecoin-based payment infrastructure enabling local currency to stablecoin conversion across multiple countries. The protocol operates on major real-time payment systems including UPI (India), PIX (Brazil), and QRIS (Indonesia).

## Business Model

The protocol uses a "Circles of Trust" model where local operators stake capital, recruit merchants, and earn 0.2% of monthly volume their circle handles. This creates permissionless geographic expansion without requiring centralized team deployment.

## Products

- **Coins.me**: Crypto neo-bank built on P2P Protocol offering USD-denominated stablecoin savings (5-10% yield through Morpho), on/off-ramp, global send/receive, cross-chain bridging, token swaps, and scan-to-pay functionality.

## Timeline

- **2023** — Protocol launched, began operations
- **~2024** — Brazil launch: 45 days, 3 people, $40,000 investment
- **~2024** — Argentina launch: 30 days, 2 people, $20,000 investment
- **Early 2026** — Venezuela launch: 15 days, no local team, $400 investment using Circles of Trust model
- **Early 2026** — Mexico launch: 10 days, $400 investment
- **2026-03-30** — Announced expansion to 16 countries in pipeline (Colombia, Peru, Costa Rica, Uruguay, Paraguay, Ecuador, Bolivia, Nigeria, Philippines, Thailand, Vietnam, Portugal, Spain, Turkey, Egypt, Kenya) with target of 40 countries within 18 months
- **2026-03-30** — Announced opensourcing of protocol SDK for third-party integration
- **2026-03-30** — Operating across 6 countries with team of 25 people spanning 5 nationalities and 7 languages