TLDR Tech / Crypto
A Fiat-Native Monetization Model for Crypto Apps Using x402 and USDC
myk.eth outlines a bridging model for non-crypto-native users. Apps sell "credits" priced in fiat (1 credit = 1 USDC) while routing purchases through a USDC on-ramp on the backend, keeping the product experience familiar. The approach uses Coinbase Dev's x402 payment standard, allowing developers to earn USDC yield on deposited user funds to sustain the project — while users retain the option to withdraw credits as USDC, something fiat-native loyalty programs like Starbucks don't offer. All analytics and transactions remain onchain, keeping the system transparent and interoperable with other crypto apps.
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