Payments 101: what actually happens when you pay $25 in USDC at a Payit checkout.
You approve one payment in your wallet. The stablecoin moves from your wallet to the merchant's wallet. That's the whole transaction — no middle account, no "processing", no waiting for someone to release it.
Compare a card: the money leaves you today, reaches the store in days, and passes through four companies on the way.
One hop, one transaction. That's the design.
On $PAYIT Native Token design.
$PAYIT is designed as the revenue-share token of the Payit payment system: a defined share of Payit's 0.8% transaction fee is intended to flow to token holders.
Designed — not live. Here is exactly where that stands:
- The distribution mechanism and the exact split are still being decided
- The distribution contract goes public on GitHub before it is deployed — you read it before it exists on-chain, not after
- Open code invites review; it doesn't replace it. An independent audit comes before the contract touches real funds — the same bar we set for the payment contract
Details devs might care about:
Theming (accent, radius, logo) so the checkout matches your store. Amounts are strings end-to-end — token amounts can exceed MAX_SAFE_INTEGER, and losing precision on money is not an option. The wallet bridge forwards exactly five methods and rejects everything else.
$PAYIT CA : 0x6254056ead0863d58aa27a0983ad146be9482d26
The Payit SDK for web is out. Open source, MIT.
One function: checkout({ orderId, clientToken }). Your server creates the order, the buyer pays in USDC or USDG, and you confirm settlement server-side — payments are verified by reading the chain directly, so a forged webhook can't mark an order paid.
Not accepting real payments yet — the contract is live on Robinhood Chain but not audited. Test orders only until that changes, and the README says so too.
https://t.co/6P1wE4rCIa
The Payit technical whitepaper is out.
How the checkout works across Ethereum, Base, and Robinhood Chain, why the contract address is the same on all three, how gasless payments work without the buyer ever holding a gas token — and what we haven't done yet, including the audit that gates real money.
Written for people who read before they trust.
https://t.co/AJgPHckvmR
A statement on $PAYIT.
The $PAYIT token was deployed by the Payit team. The full dev allocation has been burned — verifiable on-chain:
https://t.co/m3Q6eEKuiO
What we want to be equally clear about:
The token has not been audited. It currently has no function in the Payit payment product. And nothing about it changes our commitment on the product side: no real payments move until the independent audit clears.
We're building in the open. That means saying all of it, not just the part that sounds good.
Merchant registration is open.
If you run an online store and want to accept stablecoins when Payit goes live, you can register now. Every application gets reviewed — we'd rather onboard carefully than onboard fast.
To be clear about where things stand: Payit is not processing real payments yet. An independent audit comes first. Registering now puts you at the front of the line for when that gate clears.
https://t.co/Ztti2S012v
Payit's PaymentRouter is live on Robinhood Chain.
0x4c816E3276ac5Cd0B46a85C3eCA06fcfc6102189
Same address will land on Base and Ethereum — CREATE2, so the integration never changes when we add a chain.
USDG supports EIP-2612, so the gasless path works today. 81 tests, including fork tests against real USDG.
Not taking real payments yet. The independent audit is the gate we set ourselves, and we haven't cleared it.
Most payment products announce themselves when everything is finished and polished. We're doing the opposite: building Payit in the open, and telling you where things actually stand.
Here's why.
Payit touches other people's money. For a product like that, trust isn't built by a launch video — it's built by a track record of saying true things. So we'd rather say "not live yet, audit first" a hundred times than say "ready" one day early.
Payit touches other people's money. For a product like that, trust isn't built by a launch video — it's built by a track record of saying true things. So we'd rather say "not live yet, audit first" a hundred times than say "ready" one day early.
Where things actually stand, then: the contracts are written and tested against real USDC and USDG on a mainnet fork. They are not deployed yet, and they have not been audited yet. An independent audit is the gate we set before any real money moves — and we're not skipping it because early volume is small.
Building in the open also means showing our work: why gasless only on Base and Robinhood Chain, why a $10 minimum order, why the same contract address on three chains. Every decision has a reason, and we'll keep writing them down.
Follow along if you want to watch it happen.
One integration covers Ethereum, Base, and Robinhood Chain — same contract address on all three. Add a chain later, change nothing.
Not live yet. Contracts are written and tested on a mainnet fork; an independent audit comes before any real money moves.
How Payit works, in one buyer's journey:
You hold USDG on Robinhood Chain. You hit pay. You pay.
No gas token, no "switch network", no second wallet step. We sponsor the gas, and you never learn the word.
On the merchant's side: the payment settles straight to your wallet, in one transaction.Buyer protection is opt-in per merchant — and even then, the hold has a fixed end date.
Your money doesn't sit with a middleman indefinitely.