teleo-codex/entities/internet-finance/p2pme.md
Teleo Agents 9bedd20ecf rio: extract claims from 2026-03-20-p2pme-business-model-website
- Source: inbox/queue/2026-03-20-p2pme-business-model-website.md
- Domain: internet-finance
- Claims: 0, Entities: 1
- Enrichments: 0
- Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5)

Pentagon-Agent: Rio <PIPELINE>
2026-04-04 14:11:06 +00:00

1.4 KiB

P2P.me

Type: Company
Status: Active
Domain: Internet Finance
Founded: Unknown
Description: Peer-to-peer USDC-to-fiat conversion platform supporting UPI (India), PIX (Brazil), and QRIS (Indonesia) payment rails.

Overview

P2P.me operates a peer-to-peer marketplace for USDC-to-fiat conversion across multiple chains. The platform addresses crypto on-ramp friction in emerging markets, particularly India where bank freezes for USDC transactions create adoption barriers.

Business Model

  • Revenue: 2% commission on every swap, paid to liquidity providers
  • Geographic focus: India (78% of user base), Brazil, Indonesia
  • Payment rails: UPI, PIX, QRIS

Key Metrics

  • 1,000+ liquidity providers globally
  • Fraud rate: <1 in 25,000 on/off-ramps
  • 23,000 registered users (18,071 in India per Pine Analytics)
  • 2,000-2,500 weekly active users
  • $82K annual gross profit (per Pine Analytics assessment)

Funding

  • Previous round: $2M from Multicoin Capital and Coinbase Ventures
  • ICO planned: March 26, 2026 on MetaDAO
    • Target FDV: ~$15.5M
    • Token supply: 25.8M tokens
    • ICO price: $0.60
    • 50% liquid at TGE (10M ICO + 2.9M liquidity seeding)

Timeline

  • 2025-mid — User growth plateau begins (per Pine Analytics)
  • 2026-03-20 — ICO registration opens for March 26 launch
  • 2026-03-26 — Scheduled ICO on MetaDAO (pending)