{"id":37408,"date":"2025-10-30T23:36:03","date_gmt":"2025-10-30T16:36:03","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=37408"},"modified":"2025-10-30T23:36:03","modified_gmt":"2025-10-30T16:36:03","slug":"the-verifiedx-foundation-unveils-butterfly-the-worlds-first-self-custodial-social-p2p-payment-and-commerce-platform-for-everyday-users","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=37408","title":{"rendered":"The VerifiedX Foundation Unveils &#8220;Butterfly&#8221; The World&#8217;s First Self-Custodial Social P2P Payment and Commerce Platform for Everyday Users"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">NEW YORK<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 30, 2025<\/span><\/span> \/PRNewswire\/ &#8212; The VerifiedX Foundation today announced the launching of <b>Butterfly<\/b> \u2014 a revolutionary self-custodial social payment and commerce platform that allows users to send and receive <b>VFX (the native VerifiedX coin), Bitcoin, USDT, and USDC<\/b> instantly via text message, email, or any social media handle. Accessible at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=2429805561&amp;u=https%3A%2F%2Fbefree.io%2F&amp;a=BeFree.io\" target=\"_blank\" rel=\"nofollow\">BeFree.io<\/a> with any device and browser, or in <b>VFX<\/b>\u00a0native SwitchBlade Wallets, <b>Butterfly<\/b> brings true peer-to-peer payments to the mainstream \u2014 completely borderless, permissionless, and without any centralized control or friction.<\/p>\n<div dir=\"ltr\">   <a href=\"https:\/\/mma.prnasia.com\/media2\/2808414\/VerifiedX_io_launch_Butterfly.jpg?p=medium600\" target=\"_blank\"><img decoding=\"async\" title=\"The VerifiedX Foundation Unveils \u201cButterfly\u201d The World\u2019s First Self-Custodial Social P2P Payment and Commerce Platform for Everyday Users\" src=\"https:\/\/mma.prnasia.com\/media2\/2808414\/VerifiedX_io_launch_Butterfly.jpg?p=medium600\" alt=\"The VerifiedX Foundation Unveils \u201cButterfly\u201d The World\u2019s First Self-Custodial Social P2P Payment and Commerce Platform for Everyday Users\" align=\"middle\" \/><\/a>   <br \/>   <span>The VerifiedX Foundation Unveils \u201cButterfly\u201d The World\u2019s First Self-Custodial Social P2P Payment and Commerce Platform for Everyday Users<\/span>  <\/div>\n<p><b>True P2P Payments \u2014 Simple, Instant, and Global<\/b><\/p>\n<p><b>Butterfly <\/b>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\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=3826192949&amp;u=http%3A%2F%2Fcrypto.com%2F&amp;a=Crypto.com\" target=\"_blank\" rel=\"nofollow\">Crypto.com<\/a>, <b>MoonPay<\/b>, <b>Banxa<\/b>, or <b>Stripe<\/b> with a credit or debit card.<\/p>\n<p>Transactions settle instantly, and users face no limits on transfer amounts. Whether moving <span class=\"xn-money\">$1<\/span> or <span class=\"xn-money\">$1,000,000<\/span>, each transaction costs just <span class=\"xn-money\">$0.01<\/span>, with every fungible token mint and transfer burning <b>VFX,<\/b> additionally accelerating the <b>VerifiedX<\/b> networks deflationary economics.<\/p>\n<p><b>Self-Custody Without Complexity<\/b><\/p>\n<p><b>Butterfly<\/b> redefines what it means to send and receive payments with self-custodial status.<\/p>\n<p>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.<\/p>\n<p>Funds can be off-ramped directly to a bank account or kept within the users <b>Butterfly<\/b> account for future use \u2014 including merchant payments and transfers to other users.<\/p>\n<p><b>Social, Secure, and On-Chain<\/b><\/p>\n<p>Every <b>Butterfly<\/b> 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 \u2014 social media handles, emails, or text messages \u2014 all while staying native on the fully decentralized <b>VerifiedX <\/b>Network, and the <b>Bitcoin<\/b>, <b>USDT<\/b>, and <b>USDC<\/b> ecosystems. <b>Butterfly<\/b> users can also recover unclaimed funds by recipients or mistaken sends with one-click cancellation.<\/p>\n<p>The ethos of <b>Butterfly<\/b> is to make self-custody and crypto payments as intuitive as social media. For the first time,\u00a0everyday people can transact globally, freely, and securely \u2014 no banks, no intermediaries, no friction.<\/p>\n<p><b>Next Evolution: Borrowing, Lending, and Rewards<\/b><\/p>\n<p>Following its initial release in the coming weeks, <b>Butterfly<\/b> will expand to include P2P lending and borrowing using <b>Bitcoin<\/b> and Stablecoins, along with p2p media tokens, social rewards and token-based incentives \u2014 all completely decentralized and self-custodial.<\/p>\n<p><b>Borderless. Frictionless. Limitless.<\/b><\/p>\n<p><b>Butterfly<\/b> stands as the first self-custodial social P2P payment platform for everyday users \u2014 combining the ease of <b>Venmo<\/b> or <b>Zelle<\/b> with the sovereignty of blockchain ownership and without any authoritative control or censorship.<\/p>\n<p>With zero restrictions, instant finality, and on-chain transparency, <b>Butterfly <\/b>represents a paradigm shift in how digital value, commerce and communication intersect.<\/p>\n<p>Learn more at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=201283404&amp;u=http%3A%2F%2Fbefree.io%2F&amp;a=BeFree.io\" target=\"_blank\" rel=\"nofollow\">BeFree.io<\/a><\/p>\n<p><b>About The VerifiedX Foundation &#8211; <\/b>The VerifiedX Foundation is a decentralized organization devoted to advancing open, secure, and deflationary blockchain infrastructure and features for everyday users globally. Its flagship protocol, the <b>VerifiedX Network<\/b>, powers next-generation peer-to-peer applications built for performance, transparency, and true user ownership for <b>Bitcoin, VFX<\/b>, and tokenized assets.<\/p>\n<p><b>About VerifiedX &#8211; VFX (VerifiedX.IO) <\/b>is the people&#8217;s network, a next-generation decentralized protocol that is both a universal layer 1 and a <b>Bitcoin<\/b> specific sidechain \/ reliever chain, focused on trust, transparency, and deflationary economics. With a fully mined supply and all network fees burned, VerifiedX operates as a zero-inflation, asset-backed blockchain purpose-built for everyday users, third-party adoption, peer-to-peer finance, tokenized asset verification, and secure on-chain storage.<\/p>\n<p>The network&#8217;s native coin (<b>VFX<\/b>) can be accessed directly in-wallet, and enables minting of <b>Verified Bitcoin Tokens<\/b> (<b>vBTC<\/b>) with a 1:1 evergreen self-custodial peg coupled with smart contract utility and full asset recovery features for funds.<\/p>\n<p>Providing robust in-wallet and self-custodial options for everyday users to plan, transact, save, spend, borrow, and vault <b>Bitcoin<\/b>, <b>VFX <\/b>funds, and digital assets are the cornerstone of the <b>VerifiedX <\/b>ethos. As the first universal layer 1 and <b>Bitcoin<\/b> reliever chain, the network dramatically reduces costs of ownership and frictions for everyday users and integrators around the world and provides multiple layers of convenience, security, and self-custodial empowerment.<\/p>\n<p>Learn more at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=215127293&amp;u=https%3A%2F%2Fverifiedx.io%2F&amp;a=VerifiedX.io\" target=\"_blank\" rel=\"nofollow\">VerifiedX.io<\/a>.<\/p>\n<p><b>For Further VerifiedX Inquiries:<br \/><\/b>Website: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=3173551376&amp;u=https%3A%2F%2Fverifiedx.io%2F&amp;a=https%3A%2F%2Fverifiedx.io%2F\" target=\"_blank\" rel=\"nofollow\">https:\/\/verifiedx.io\/<\/a> <br \/>Discord: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=1359529933&amp;u=https%3A%2F%2Fdiscord.gg%2F7cd5ebDQCj&amp;a=https%3A%2F%2Fdiscord.gg%2F7cd5ebDQCj\" target=\"_blank\" rel=\"nofollow\">https:\/\/discord.gg\/7cd5ebDQCj<\/a> <br \/>Twitter (X): <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=706852974&amp;u=https%3A%2F%2Ftwitter.com%2Fvfxblockchain&amp;a=https%3A%2F%2Ftwitter.com%2Fvfxblockchain\" target=\"_blank\" rel=\"nofollow\">https:\/\/twitter.com\/vfxblockchain<\/a> <br \/>Github: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=81292140&amp;u=https%3A%2F%2Fgithub.com%2Fverifiedxblockchain&amp;a=https%3A%2F%2Fgithub.com%2Fverifiedxblockchain\" target=\"_blank\" rel=\"nofollow\">https:\/\/github.com\/verifiedxblockchain<\/a><\/p>\n<p><b>Butterfly:<br \/><\/b>Website: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=3931336692&amp;u=https%3A%2F%2Fwww.befree.io%2F&amp;a=www.BeFree.io\" target=\"_blank\" rel=\"nofollow\">www.BeFree.io<\/a> <br \/>Twitter (X): <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=552253571&amp;u=https%3A%2F%2Fx.com%2Fbefreepay&amp;a=https%3A%2F%2Fx.com%2Fbefreepay\" target=\"_blank\" rel=\"nofollow\">https:\/\/x.com\/befreepay<\/a><\/p>\n<p>\u00a0<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">NEW YORK<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 30, 2025<\/span><\/span> \/PRNewswire\/ &#8212; The VerifiedX Foundation today announced the launching of <b>Butterfly<\/b> \u2014 a revolutionary self-custodial social payment and commerce platform that allows users to send and receive <b>VFX (the native VerifiedX coin), Bitcoin, USDT, and USDC<\/b> instantly via text message, email, or any social media handle. Accessible at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=2429805561&amp;u=https%3A%2F%2Fbefree.io%2F&amp;a=BeFree.io\" target=\"_blank\" rel=\"nofollow\">BeFree.io<\/a> with any device and browser, or in <b>VFX<\/b>\u00a0native SwitchBlade Wallets, <b>Butterfly<\/b> brings true peer-to-peer payments to the mainstream \u2014 completely borderless, permissionless, and without any centralized control or friction.<\/p>\n<div dir=\"ltr\">   <a href=\"https:\/\/mma.prnasia.com\/media2\/2808414\/VerifiedX_io_launch_Butterfly.jpg?p=medium600\" target=\"_blank\"><img decoding=\"async\" title=\"The VerifiedX Foundation Unveils \u201cButterfly\u201d The World\u2019s First Self-Custodial Social P2P Payment and Commerce Platform for Everyday Users\" src=\"https:\/\/mma.prnasia.com\/media2\/2808414\/VerifiedX_io_launch_Butterfly.jpg?p=medium600\" alt=\"The VerifiedX Foundation Unveils \u201cButterfly\u201d The World\u2019s First Self-Custodial Social P2P Payment and Commerce Platform for Everyday Users\" align=\"middle\" \/><\/a>   <br \/>   <span>The VerifiedX Foundation Unveils \u201cButterfly\u201d The World\u2019s First Self-Custodial Social P2P Payment and Commerce Platform for Everyday Users<\/span>  <\/div>\n<p><b>True P2P Payments \u2014 Simple, Instant, and Global<\/b><\/p>\n<p><b>Butterfly <\/b>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\u00a0<a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=3826192949&amp;u=http%3A%2F%2Fcrypto.com%2F&amp;a=Crypto.com\" target=\"_blank\" rel=\"nofollow\">Crypto.com<\/a>, <b>MoonPay<\/b>, <b>Banxa<\/b>, or <b>Stripe<\/b> with a credit or debit card.<\/p>\n<p>Transactions settle instantly, and users face no limits on transfer amounts. Whether moving <span class=\"xn-money\">$1<\/span> or <span class=\"xn-money\">$1,000,000<\/span>, each transaction costs just <span class=\"xn-money\">$0.01<\/span>, with every fungible token mint and transfer burning <b>VFX,<\/b> additionally accelerating the <b>VerifiedX<\/b> networks deflationary economics.<\/p>\n<p><b>Self-Custody Without Complexity<\/b><\/p>\n<p><b>Butterfly<\/b> redefines what it means to send and receive payments with self-custodial status.<\/p>\n<p>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.<\/p>\n<p>Funds can be off-ramped directly to a bank account or kept within the users <b>Butterfly<\/b> account for future use \u2014 including merchant payments and transfers to other users.<\/p>\n<p><b>Social, Secure, and On-Chain<\/b><\/p>\n<p>Every <b>Butterfly<\/b> 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 \u2014 social media handles, emails, or text messages \u2014 all while staying native on the fully decentralized <b>VerifiedX <\/b>Network, and the <b>Bitcoin<\/b>, <b>USDT<\/b>, and <b>USDC<\/b> ecosystems. <b>Butterfly<\/b> users can also recover unclaimed funds by recipients or mistaken sends with one-click cancellation.<\/p>\n<p>The ethos of <b>Butterfly<\/b> is to make self-custody and crypto payments as intuitive as social media. For the first time,\u00a0everyday people can transact globally, freely, and securely \u2014 no banks, no intermediaries, no friction.<\/p>\n<p><b>Next Evolution: Borrowing, Lending, and Rewards<\/b><\/p>\n<p>Following its initial release in the coming weeks, <b>Butterfly<\/b> will expand to include P2P lending and borrowing using <b>Bitcoin<\/b> and Stablecoins, along with p2p media tokens, social rewards and token-based incentives \u2014 all completely decentralized and self-custodial.<\/p>\n<p><b>Borderless. Frictionless. Limitless.<\/b><\/p>\n<p><b>Butterfly<\/b> stands as the first self-custodial social P2P payment platform for everyday users \u2014 combining the ease of <b>Venmo<\/b> or <b>Zelle<\/b> with the sovereignty of blockchain ownership and without any authoritative control or censorship.<\/p>\n<p>With zero restrictions, instant finality, and on-chain transparency, <b>Butterfly <\/b>represents a paradigm shift in how digital value, commerce and communication intersect.<\/p>\n<p>Learn more at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=201283404&amp;u=http%3A%2F%2Fbefree.io%2F&amp;a=BeFree.io\" target=\"_blank\" rel=\"nofollow\">BeFree.io<\/a><\/p>\n<p><b>About The VerifiedX Foundation &#8211; <\/b>The VerifiedX Foundation is a decentralized organization devoted to advancing open, secure, and deflationary blockchain infrastructure and features for everyday users globally. Its flagship protocol, the <b>VerifiedX Network<\/b>, powers next-generation peer-to-peer applications built for performance, transparency, and true user ownership for <b>Bitcoin, VFX<\/b>, and tokenized assets.<\/p>\n<p><b>About VerifiedX &#8211; VFX (VerifiedX.IO) <\/b>is the people&#8217;s network, a next-generation decentralized protocol that is both a universal layer 1 and a <b>Bitcoin<\/b> specific sidechain \/ reliever chain, focused on trust, transparency, and deflationary economics. With a fully mined supply and all network fees burned, VerifiedX operates as a zero-inflation, asset-backed blockchain purpose-built for everyday users, third-party adoption, peer-to-peer finance, tokenized asset verification, and secure on-chain storage.<\/p>\n<p>The network&#8217;s native coin (<b>VFX<\/b>) can be accessed directly in-wallet, and enables minting of <b>Verified Bitcoin Tokens<\/b> (<b>vBTC<\/b>) with a 1:1 evergreen self-custodial peg coupled with smart contract utility and full asset recovery features for funds.<\/p>\n<p>Providing robust in-wallet and self-custodial options for everyday users to plan, transact, save, spend, borrow, and vault <b>Bitcoin<\/b>, <b>VFX <\/b>funds, and digital assets are the cornerstone of the <b>VerifiedX <\/b>ethos. As the first universal layer 1 and <b>Bitcoin<\/b> reliever chain, the network dramatically reduces costs of ownership and frictions for everyday users and integrators around the world and provides multiple layers of convenience, security, and self-custodial empowerment.<\/p>\n<p>Learn more at <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=215127293&amp;u=https%3A%2F%2Fverifiedx.io%2F&amp;a=VerifiedX.io\" target=\"_blank\" rel=\"nofollow\">VerifiedX.io<\/a>.<\/p>\n<p><b>For Further VerifiedX Inquiries:<br \/><\/b>Website: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=3173551376&amp;u=https%3A%2F%2Fverifiedx.io%2F&amp;a=https%3A%2F%2Fverifiedx.io%2F\" target=\"_blank\" rel=\"nofollow\">https:\/\/verifiedx.io\/<\/a> <br \/>Discord: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=1359529933&amp;u=https%3A%2F%2Fdiscord.gg%2F7cd5ebDQCj&amp;a=https%3A%2F%2Fdiscord.gg%2F7cd5ebDQCj\" target=\"_blank\" rel=\"nofollow\">https:\/\/discord.gg\/7cd5ebDQCj<\/a> <br \/>Twitter (X): <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=706852974&amp;u=https%3A%2F%2Ftwitter.com%2Fvfxblockchain&amp;a=https%3A%2F%2Ftwitter.com%2Fvfxblockchain\" target=\"_blank\" rel=\"nofollow\">https:\/\/twitter.com\/vfxblockchain<\/a> <br \/>Github: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=81292140&amp;u=https%3A%2F%2Fgithub.com%2Fverifiedxblockchain&amp;a=https%3A%2F%2Fgithub.com%2Fverifiedxblockchain\" target=\"_blank\" rel=\"nofollow\">https:\/\/github.com\/verifiedxblockchain<\/a><\/p>\n<p><b>Butterfly:<br \/><\/b>Website: <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=3931336692&amp;u=https%3A%2F%2Fwww.befree.io%2F&amp;a=www.BeFree.io\" target=\"_blank\" rel=\"nofollow\">www.BeFree.io<\/a> <br \/>Twitter (X): <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4544623-1&amp;h=552253571&amp;u=https%3A%2F%2Fx.com%2Fbefreepay&amp;a=https%3A%2F%2Fx.com%2Fbefreepay\" target=\"_blank\" rel=\"nofollow\">https:\/\/x.com\/befreepay<\/a><\/p>\n<p>\u00a0<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-37408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/37408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37408"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/37408\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}