YPT (Your Private Treasury) is a cryptocurrency payment platform that enables users to spend digital assets like traditional fiat currency through virtual crypto cards accepted by merchants worldwide.
Overview
YPT operates as a bridge between cryptocurrency holdings and everyday spending needs. The platform allows users to load cryptocurrencies such as USDT, USDC, BTC, and ETH onto virtual or physical cards, which can then be used for purchases at over 130 million merchants globally. [1]
The platform addresses a key challenge in cryptocurrency adoption: the ability to use digital assets for everyday transactions without first converting them to fiat currency. By providing seamless payment solutions, YPT aims to make cryptocurrency more practical for daily use while maintaining the security and privacy features that cryptocurrency users value. [2]
Products and Services
Virtual Card
YPT's primary product is its virtual card offering, which includes several key features:
Easy application process with instant global payment capabilities
Support for multiple cryptocurrencies (USDT, USDC, BTC, ETH) with automatic conversion to fiat for purchases
Integration with major payment platforms including Apple Pay and Google Pay
No requirement for advance fiat conversion before making purchases [2]
Cryptocurrency Support
Users can fund their YPT cards with multiple cryptocurrencies:
PIN Protection: Enhanced security through PIN code settings
Spending Limits: Customizable transaction limits for added security [11]
Ecosystem
Mobile Application
The YPT mobile app serves as the central hub for users to manage their accounts, apply for cards, deposit cryptocurrency, and track transactions. The app is available for both iOS and Android devices.
Use Cases
Travel: Hotel bookings, flight purchases, and transportation services
Shopping: Online and in-store retail purchases at major merchants like Amazon, Hermes, Louis Vuitton, and others
Entertainment: Gaming purchases and digital content subscriptions
Social Media: Payments on platforms like TikTok, Facebook, and YouTube
Food and Beverage
Ride-sharing: Services like Uber
Subscription Services
Partnerships
ZeroSpace: A "value layer of social networks" that transforms social media handles into universal crypto payment addresses [6]
4Metas/PLAYER DAO: A partnership focused on on-chain gaming and payments [7]
SpiderPool, XHash, SumSub[2] Listed as a business partner on the YPT website [2]
OmniMCP: The joint effort focuses on enabling users to build AI-driven tools for optimizing crypto-based spending across a global network of merchants. [13]
Synbo Protocol: This collaboration focuses on integrating cryptocurrency payment capabilities with emerging Web3 investment frameworks to support more efficient and decentralized capital deployment. [14]