What is Peer?

Peer is a permissionless peer-to-peer marketplace for moving between fiat payment rails and onchain USDC.

Buyers choose available liquidity, pay the seller directly through a supported payment provider, and receive USDC from escrow once payment is verified. Sellers supply USDC, set the price buyers see versus the market rate, and receive fiat directly in their payment account when their liquidity fills.

Peer is non-custodial: Peer does not hold your bank balance, payment-app balance, or wallet funds. The protocol escrows onchain funds and verifies payment evidence for supported flows.