Reveel, an on-chain peer-to-peer payments app, announced it has reached 100,000 users across 160 countries, making it the largest on-chain peer-to-peer (P2P) payments app available.
According to the team, the app provides decentralized, transparent, and secure on-chain payments globally and across multiple tokens and chains, including BNB Chain, with which Reveel recently announced a collaboration.
By 2028, nearly 3 in 4 US smartphone users are expected to send money over P2P payment apps. Despite this increasing adoption, cross-border payments through traditional systems still amount to $190 trillion.
The team says that Reveel’s multi-token and multi-chain capabilities allow users to easily make cross-border or peer-to-peer payments, regardless of the token or chain of choice, within a simple one-click interface.
Reveel supports payments across Ethereum, Base, BNB Chain, Optimism, and Polygon, using all stablecoins on those chains. In addition, Reveel provides programmable multi-wallet identifiers and seamless cross-chain transactions, connecting users across different environments and fostering a truly interconnected financial ecosystem.
Founder Adrien Stern, CEO of Reveel, believes that the future is multi-chain, allowing people to pay anyone, anywhere, on any chain. Matt Law, Chief Commercial Officer of Outlier Ventures, is impressed with Reveel’s omnichain P2P payments solution and the potential it has to drive broader adoption of crypto-enabled payments.
