Denaro Pay is not a bank. USDC is not FDIC insured. CREST AI is automated execution software, not investment advice or a managed service. Trading involves risk of loss. Full disclosures →
Denaro Pay Incorporated · New York
Prospectus Vol IIApril MMXXVI

Banking for
the world. Built
for earning.

A single account for global settlement, spending, yield, and automated prop firm execution — built on Coinbase Base, custodied at Circle, and cleared via Visa in one hundred and fifty countries.

Coverage
150+
Per transfer
$0.001
Yield
5.20%
Settlement
Under 3s
Open an account → Read the thesis →

The global financial system contains three structural failures: access, cost, and earning. Denaro Pay is one account that resolves all three — settlement on a public blockchain, spending on Visa, yield paid per block, trading executed by a grade engine. It is neither a bank nor a brokerage, and it intends to replace the need for either.

— Jeffrey Terranova, Founder Thesis §I
§II
Five instruments
One account

One account to settle, spend, earn, and execute.

§II.I — Wallet and Settlement

Settlement in under three seconds, to anyone, anywhere.

Each account is backed by a Circle Programmable Wallet on Coinbase Base. Global USDC settlement at grade cost, with fiat on and off ramps to sixty local currencies via Airwallex.

NetworkUSDC · Base L2
Fee per transfer$0.001
Coverage150+ countries
On rampCoinbase Pay
Off rampAirwallex · 60 currencies
Illustrative interface. Balances, transactions, and yield are representative only.
Wallet · 0xA7F2…B31915:42:18 EDT
$128,412.04
USDC balance · yield accruing at 5.20% APY
15:42Outbound LondonGB · USDC−2,400.00
14:07Payout Funded NextUSDC+2,160.00
13:31Yield block 18429101USDC+0.87
12:04Visa Café ParisEUR−6.40
11:38Inbound AirwallexSGD · USDC+18,200.00
Settlement · Base L2Custody · Coinbase PrimeSignature · ML-DSA
§II.II — Visa · Marqeta

Spend USDC anywhere Visa is accepted.

Issued by Marqeta. Virtual card available immediately. Physical card with NFC tap-to-pay on request. Local currency conversion at mid-market rate, settled from the same USDC balance that earns yield.

IssuerMarqeta · Visa
FX spreadMid-market · 0%
Acceptance65M merchants
Tap-to-payNFC · Apple & Google Wallet
Denaro Pay
Virtuale.
4839  2174  6082  2941
Jeffrey Terranova 04/31 Visa
§II.III — Yield · Morpho Blue

Every dollar earns 5.20%. Per block. Without instruction.

Idle USDC is routed into vetted Morpho Blue markets on Base. No lockup, no minimum, no subscription. Yield is credited on every block, compounded continuously, and available for immediate spending or withdrawal.

SourceMorpho Blue · Base
Current APY5.20%
CompoundingEvery block · under 2s
LockupNone
CustodyNon-rehypothecated
Current Yield · Denaro Pay Live
5.20%
Accrued today since 00:00 EDT +$42.81
§II.IV — CREST AI · Automated Execution

Automated execution, connected to your account.

An automated execution engine for CME-regulated prop firm accounts. Connects via Tradovate and Rithmic OAuth to Funded Next, Lucid, FTMO, MyFundedFutures, and E8 Markets. New York session, five-minute candles. Connect your prop firm account — you remain the account holder of record at all times.

ConnectorsTradovate · Rithmic OAuth
Account typesProp firm · Live capital
Licensing$99 / month
Performance fee10% of net · US prop firm only
Execution windowNY · 13:30–16:00 EDT
CREST AI · NY Session · NQ 5m Illustrative
+$8,412.00
Illustrative session outcome. Not an actual trading result. Past or simulated performance does not predict future results.
§II.V — Payouts and Pay Advance

Prop payouts in 2.7 seconds, not fourteen days.

When a prop firm initiates a wire, Airwallex receives the USD, Circle mints USDC, and Base settles to your wallet — typically in under three seconds. If the payout is approved but not yet wired, Denaro may advance the amount immediately for a two percent fee, collected from the eventual wire.

Median latency2.7s · Base L2
Average payout$2,400 gross
Performance fee10% · US prop firm clients only
Advance fee2% per advance
Default riskZero · wire-collected
Payout Cycle · April 1–15Illustrative
+$2,160.00
Illustrative payout flow. Actual settlement times depend on prop firm processing and Airwallex rails. Net to wallet shown after 10% performance fee applicable to US prop firm clients only.
IWire initiated by Funded Next0.2s
IIAirwallex received USD $2,4000.8s
IIICircle minted USDC1.4s
IVSettled on Base L22.7s
~3s
§III — Performance, measured

Target median settlement time, prop firm wire to user wallet. Depends on prop firm processing speed and Airwallex rails. The traditional wire takes fourteen days, plus intermediary fees during which the capital earns nothing.

Design target. Based on internal test settlements. Public performance data will be published starting Q3 2026 once Live paper phase concludes.
§IV
Security
Seven layers
Independently fail-safe

Security designed not to fail.

Each of seven layers operates continuously and independently. Layer seven adds post-quantum signatures standardized by NIST in 2024 to every on-chain transaction.

I
Biometric authentication
Face ID, fingerprint, PIN fallback. JWT access tokens with refresh rotation. 15-minute session timeout and auto-lock on background.
Session layer
II
Identity and sanctions
Persona government ID with liveness check. Chainalysis OFAC and sanctions watchlist screening. Sardine behavioral AI for ongoing AML monitoring.
KYC · AML
III
Encryption at rest and in transit
AES-256 on all database fields. Fernet symmetric encryption for API keys. TLS 1.3 enforced on all endpoints. AWS Secrets Manager for all credentials.
Data layer
IV
Transaction authorization
Biometric confirmation on every send. SMS 2FA via Twilio for transfers above $500. New address whitelist with 24-hour delay before first send.
Transaction layer
V
Threat detection
Chainalysis on-chain screening. Sardine anomaly detection AI. Geo-anomaly flags on new country logins. Velocity limits blocking abnormal send frequency.
Runtime
VI
Custody infrastructure
All USDC held at Coinbase Prime. Multi-signature architecture via Circle Programmable Wallets. AWS WAF and Shield. Zero-trust network on all infrastructure.
Custody · Network
VII
Quantum security · BTQ ML-DSA
NIST-standardized Module Lattice Digital Signature Algorithm applied to every on-chain transaction. Resistant to Shor's algorithm. Post-quantum security provided by BTQ Technologies, standardized by NIST in 2024.
Post-quantum
§V
Infrastructure
Not reinvented
Composed

Built on the rails that matter.

Denaro Pay does not reinvent custody, settlement, regulation, or issuance. It composes the most trusted primitives in regulated finance into one product surface.

ICoinbaseSettlement · CustodyBase L2 rollup for all transactions. Coinbase Prime custody for all USDC balances.San Francisco
NASDAQ:COIN
IICircleStablecoin issuanceUSDC, one-to-one backed. FinCEN MSB licensed. Monthly attestations by Grant Thornton.Boston
NYSE:CRCL
IIIMarqetaCard issuingVisa virtual and physical card issuance. NFC tap-to-pay. Global acceptance at 65M merchants.Oakland
NASDAQ:MQ
IVAirwallexGlobal paymentsLocal currency on and off ramps across 60 jurisdictions. FX at mid-market rate.Melbourne
Private
VMorpho LabsYield protocolMorpho Blue permissionless lending markets on Base. Non-rehypothecated. No lockup.Paris
Private
VIBTQ TechnologiesPost-quantum securityNIST-standardized ML-DSA Module Lattice signatures on every on-chain transaction.Vancouver
TSXV:BTQ
VIIPersona · Chainalysis · SardineIdentity · AML · FraudGovernment ID KYC and liveness. On-chain sanctions screening. Behavioral anomaly detection.San Francisco
Private
§VI
Economics
Where value is delivered

Honest terms. Charged where value is delivered.

The wallet, card, yield, and settlement are free. Denaro charges only for grade trading infrastructure and merchant processing.

§VI.I — Wallet
Individual.
$0 per month
  • Global USDC transfer$0.001
  • Visa virtual cardIncluded
  • Visa physical card$24 one-time
  • Yield on idle USDC5.20% APY
  • Coverage150+ countries
  • Off-ramp currencies60 via Airwallex
Open account →
§VI.II — CREST AI
CREST Automation.
$99 per month
  • Bot licensing$99/mo
  • Performance fee10% · US prop firm only
  • Live capital accountsNo performance fee
  • International accountsNo performance fee
  • Pay Advance2% per advance
  • Prop firms supported5 integrated
  • Execution windowNY session
Activate CREST →

Performance fee applies exclusively to United States clients operating funded prop firm accounts via Tradovate or Rithmic OAuth.

§VI.III — Merchant · Q4 2026
Merchant.
0.50% per transaction
  • Settlement latencyUnder 2 seconds
  • ChargebacksStructurally none
  • Currencies accepted150+ jurisdictions
  • Volume ceilingNone
  • Savings vs Stripe~$2,880/yr at $10k mo
Join waitlist →
Denaro.

A wallet for the future of banking. Available at denaropay.com and denaropay.app. For investor and partnership inquiries contact Investor Relations directly.

Open an account → Investor relations →
Denaro Pay Incorporated  ·  New York NY  ·  Jeffrey@denaropay.com