The VerifiedX Foundation Unveils"Butterfly"The World's First Self-Custodial Social P2P Payment and Commerce Platform for Everyday Users

NEW YORK,Oct. 30, 2025/PRNewswire/ -- The VerifiedX Foundation today announced the launching ofButterfly— a revolutionary self-custodial social payment and commerce platform that allows users to send and receiveVFX (the native VerifiedX coin), Bitcoin, USDT, and USDCinstantly via text message, email, or any social media handle. Accessible atBeFree.iowith any device and browser, or inVFX native SwitchBlade Wallets,Butterflybrings true peer-to-peer payments to the mainstream — completely borderless, permissionless, and without any centralized control or friction.

True P2P Payments — Simple, Instant, and Global

Butterflyusers 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 Crypto.com,MoonPay,Banxa, orStripewith a credit or debit card.

Transactions settle instantly, and users face no limits on transfer amounts. Whether moving $1 or $1,000,000, each transaction costs just $0.01, with every fungible token mint and transfer burningVFX,additionally accelerating theVerifiedXnetworks deflationary economics.

Self-Custody Without Complexity

Butterflyredefines what it means to send and receive payments with self-custodial status.

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.

Funds can be off-ramped directly to a bank account or kept within the usersButterflyaccount for future use — including merchant payments and transfers to other users.

Social, Secure, and On-Chain

EveryButterflymessage 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 — social media handles, emails, or text messages — all while staying native on the fully decentralizedVerifiedXNetwork, and theBitcoin,USDT, andUSDCecosystems.Butterflyusers can also recover unclaimed funds by recipients or mistaken sends with one-click cancellation.

The ethos ofButterflyis to make self-custody and crypto payments as intuitive as social media. For the first time, everyday people can transact globally, freely, and securely — no banks, no intermediaries, no friction.

Next Evolution: Borrowing, Lending, and Rewards

Following its initial release in the coming weeks,Butterflywill expand to include P2P lending and borrowing usingBitcoinand Stablecoins, along with p2p media tokens, social rewards and token-based incentives — all completely decentralized and self-custodial.

Borderless. Frictionless. Limitless.

Butterflystands as the first self-custodial social P2P payment platform for everyday users — combining the ease ofVenmoorZellewith the sovereignty of blockchain ownership and without any authoritative control or censorship.

With zero restrictions, instant finality, and on-chain transparency,Butterflyrepresents a paradigm shift in how digital value, commerce and communication intersect.

Learn more atBeFree.io

About The VerifiedX Foundation -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, theVerifiedX Network, powers next-generation peer-to-peer applications built for performance, transparency, and true user ownership forBitcoin, VFX, and tokenized assets.

About VerifiedX - VFX (VerifiedX.IO)is the people's network, a next-generation decentralized protocol that is both a universal layer 1 and aBitcoinspecific 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.

The network's native coin (VFX) can be accessed directly in-wallet, and enables minting ofVerified Bitcoin Tokens(vBTC) with a 1:1 evergreen self-custodial peg coupled with smart contract utility and full asset recovery features for funds.

Providing robust in-wallet and self-custodial options for everyday users to plan, transact, save, spend, borrow, and vaultBitcoin,VFXfunds, and digital assets are the cornerstone of theVerifiedXethos. As the first universal layer 1 andBitcoinreliever 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.

Learn more atVerifiedX.io.

For Further VerifiedX Inquiries:

Website:https://verifiedx.io/

Discord:https://discord.gg/7cd5ebDQCj

Twitter (X):https://twitter.com/vfxblockchain

Github:https://github.com/verifiedxblockchain

Butterfly:

Website:www.BeFree.io

Twitter (X):https://x.com/befreepay

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SOURCE VerifiedX.io