Can I pay with stablecoins in Malaysia?

Yes. Top up your YouApp wallet with ERC-20 stablecoins on Ethereum, then scan any DuitNow QR and pay in ringgit. The merchant is paid in ringgit by licensed parties.

Which stablecoins can I top up with?

ERC-20 stablecoins on Ethereum mainnet, including MYRT, XSGD, JPYC, IDRT and USD stablecoins. Other networks are not supported.

MYRT is the Malaysia Ringgit Stablecoin, a limited-purpose stablecoin minted and redeemed 1:1 for ringgit, with its reserve held at a licensed Shariah-compliant fund. It is the unit of your YouApp balance.

Does YouApp hold my wallet funds?

No. Your YouApp wallet is non-custodial, so YouApp never holds or touches your wallet funds or stablecoins. Every payment and conversion is provided by licensed parties.

What does YouApp charge?

Fees are shown before you confirm. The YouApp fee on scan to pay is 1.5% at most and card processing is 2% at most. Limits are RM20,000 per transaction and RM600,000 per year.

Do I need to verify my identity?

Yes. YouApp is verified-only. Verification takes about two minutes with MyKad, passport or Singpass, and you only do it once. You can browse without an account.

Scan to pay

Stablecoins in.Ringgit out.

Top up with ERC-20 stablecoins, DuitNow or card. Scan any DuitNow QR and pay in ringgit.

Top up your way

ERC-20 stablecoins

MYRT, XSGD, JPYC, IDRT, USD stablecoins and more, sent on Ethereum. Converted to MYRT when it lands.

MYRT

XSGD

JPYC

IDRTUSD stablecoins

Your own deposit address
12 confirmations, then we notify you
Converted to MYRT in your own wallet, not held by YouApp

Local rails

DuitNow and card. Instant.

DuitNow transfer from any Malaysian bank app
Lands in your own named account
Debit or credit card

Ethereum only. Funds sent on another network cannot be recovered.

Conversion powered by(sera.cx), a non-custodial settlement protocol for stablecoins.

Non-custodial wallet powered by Privy (a Stripe company)

Pay in ringgit. Always.

Scan, check the amount, confirm. The merchant is paid in ringgit by a licensed party.

Any DuitNow QR, no merchant sign-up
Receipts and history in the app
Your own DuitNow account number for receiving

Pay like a local

From kopitiams to city tours.

DuitNowQR

Fees and limits

Shown before you confirm.

YouApp fee, scan to pay: up to 1.5%
Card processing: up to 2%
Per transaction: RM20,000
Per year: RM600,000

Questions

Scan to pay

Stablecoins in.Ringgit out.

Top up with ERC-20 stablecoins, DuitNow or card. Scan any DuitNow QR and pay in ringgit.