At its core, Peanut uses a link-based payment system (“Peanut Links”) that abstracts away blockchain complexity. You choose a network and a token, send a request link, and let the recipient claim it. When someone claims the link, they can receive funds directly into their Peanut wallet, a bank account, or even a crypto wallet — giving flexibility without compromising security.
Peanut supports deposits from both crypto wallets and bank accounts. Users can send money from exchanges, or bank funds via trusted rails like IBAN and SWIFT, depending on their country. When someone sends you money, there are multiple “claim” options: you can keep funds on Peanut, cash out to your bank, or route them into an external wallet or exchange.
One of Peanut’s most notable innovations is its self-custodial off-ramp. Users can convert tokens from more than 20 EVM-compatible blockchains directly into fiat (USD or EUR) and send them to a bank account — all without using centralized exchanges.
Behind the scenes, the platform offers a robust API for developers. You can build “charge” requests via their SDK or API, generate hosted payment URLs, and configure automated webhooks and receiving wallets.
When it comes to fees, many Peanut transactions are very cheap or even sponsored. Basic payments between users often have no fee, and network gas costs can be covered by Peanut itself.
Security and decentralization are fundamental: Peanut does not custody user funds in a centralized way. Instead, it operates with smart contracts and gives users full control over their assets.
In summary, Peanut.me is an elegant, developer-friendly payments infrastructure that enables seamless cross-chain transfers, on‑chain payments, and fiat off-ramps — all while keeping things simple and secure.
