Check this out: NUT-18 Cashu payment requests now in Cashu.me - let's send untraceable nuts via an uncensorable social network! In this demo, I'm sending ecash from one wallet to another via Nostr.

Two types of transports are defined in the NUT-18 spec: HTTP (requires a backend server) or Nostr (only requires a relay). Payment requests can be reused (i.e. printed out on paper).

Payment requests are also supported in wallets like boardwalkcash.com and coinos.io - expect more soon!

AND… WE ARE SOLD OUT! No more USD cashu tokens...!

What started as a proof-of-concept (POC) test last month with stable channels and Cashu mints turned out to be a huge success!

TL;DR: If you want us to keep this going and add more liquidity, please like and repost this for visibility.

We are actively working on increasing liquidity to continue this initiative. If you are interested in providing liquidity and earning some satoshis (sats), please DM me!

Stable Channel: The goal is to maintain a balanced channel by pegging the amount of sats to $1000 on one end. From May 13th until now, the stable channel has remained exceptionally stable, maintaining $1000 while the BTC price fluctuated from $63,000 to $71,000 and back down to $60,887. The channel balance on the stable receiver side never fell below $1000.

Stats on Stable channel:

Days uptime: 44

Payments made: 10,333

Largest Stable Receiver Amount: $1,014

Smallest Stable Receiver Amount: $984

Cumulative Payments: $17,912

Mean Payment: $1.73

Median Payment: $1.52

Standard Deviation: 1.26

Almost $18,000 in payments back and forth!

Cashu Mint: umint.cash is the only cashu mint that supports USD tokens now. Anyone can use a supported wallet to mint tokens by paying a lightning invoice. While many big stablecoin projects struggle to show proof of reserves/liabilities, we provide that info real time on the mint website. Dollar balance stays the same and not subject to volatility...!

Stats on Cashu USD Mint:

Casu tokens minted: 18,059

Cashu tokens melted: 13,997

USD value of cashu tokens minted: $5,500

USD value of cashu tokens melted: $4,501

Number of cashu wallets supported: 3