# Peg - Stablecoin Wallet — Send money anywhere instantly > Global stablecoin wallet for instant, secure, and easy cross-border payments. (iPhone/iPad app by Paymobil.) - Source: https://appshunter.io/ios/app/peg-stablecoin-wallet/id1499719318 (this page in markdown: same URL + `.md`) - Developer: [Paymobil](https://appshunter.io/developer/1499719317) - Category: Finance, Utilities - Price: Free - Rating: 4.20/5 from 56 App Store ratings · 7 written reviews indexed - Age rating: 4+ - Requires: iOS 15.6 · 50 MB - Languages: American English - Released: 2020-08-19 - Data updated: 2026-06-10 - Monetization: free - User reviews in markdown: https://appshunter.io/ios/app/peg-stablecoin-wallet/id1499719318/reviews.md ## What is Peg? Peg lets you buy, save and send money to any email or phone number in the world instantly with stablecoin. Made for easy, global cross-border payments. It's a self-custodial wallet that supports USDC and USDT on Polygon, and USDC on Base. SEND AND REQUEST MONEY ANYWHERE IN THE WORLD You can request and send money to any email or phone number in the world. When you pay friends and family abroad, they can have the money in seconds instead of waiting for days. STABLECOINS, 100% BACKED BY US DOLLARS We make instant global payments possible by using US dollar-backed stablecoins that can be cashed out in the recipients local currency. Stablecoins are cryptocurrencies where the value is pegged to a national currency, in this case the US dollar. We use USD Coin (USDC) on the Polygon and Base networks, the most trusted stablecoin which is 100% backed by real dollars. It is audited every month by a top-five US accounting firm. The current USDC supply is over $50B, and you can always exchange 1 USDC for 1 USD directly to your bank account (in supported countries) or at many exchanges worldwide, including; Coinbase, Circle, Binance, Kraken, Bitso, Ripio and more. FAST & EASY TO USE Peg is a user-friendly USDC and USDT wallet where you can hold your money securely and don’t worry about losing your private key or paying transaction fees. It’s the first wallet that is easier to use than legacy p2p services. You don’t have to care that it is built with crypto technology under the hood. SECURE, YET SIMPLE A private key to your wallet is created on your phone when you sign up. It is encrypted and saved in your Keychain where sensitive information is kept safe. Only you have access to your funds, we never see your private key. If you use iCloud Keychain, you never have to worry about loosing your private key if you loose your phone. Just install Peg on a new iPhone and you are ready to go. ## Key features - Instant global money transfers - Send/request money via email or phone - US dollar-backed stablecoin support - Self-custodial wallet - User-friendly interface - Secure private key management ## Recent user reviews (7 of 7) All indexed reviews: https://appshunter.io/ios/app/peg-stablecoin-wallet/id1499719318/reviews.md ### 5/5 — Best *2025-03-30* Love it but reached limit fast ### 1/5 — My money *2025-01-07* I can’t get my money ### 5/5 — Best of all *2024-03-13* Easy , fast , reliable ### 5/5 — Great stablecoin wallet *2023-12-07* Super easy to use. Fast. No issues. ### 1/5 — Respond to my email *2023-12-07* I have been waiting for my $108.90 for 4 days since cash app declined for no reason and no limit was exceeded. Y’all shouldn’t send people money without there confirmation regardless. Respond to my email that y’all have been ignoring for 48 hrs ### 1/5 — Help *2023-07-11* App just took my money I went to buy a gift card and never received anything 50$ gone **Developer response:** Hi there, please contact support@paymobil.co so that we can resolve this issue with our partner Bitrefill that provides the gift card features. ### 1/5 — Stop pasting the user’s clipboard *2021-03-26* The app seems beautifully designed. However, the app reads your clipboard on opening the app (without warning or consent). There is sometimes very sensitive information (e.g. crypto private keys or seed phrases) in the clipboard. For a cryptocurrency app, privacy and security should be important to you. **Developer response:** Update:  The app no longer reads the clipboard. It can now use deeplinks to claim any funds that someone sends you via email or sms. Original response: Hi and thanks for the feedback! Paymobil uses the clipboard to paste and copy codes that let you receive money from other people when signing up or adding an email or phone number. I.e you can send money to someone who doesn't yet have the app installed, or doesn't know your account information. When they do install the app, the code is read and the money moves to their account. The app checks ONLY for these specific Paymobil codes, if it's not present it does nothing to the clipboard. We wish Apple would provide a better way to do this (for example, having an app specific clipboard) but unfortunately this is the only way to provide the user experience people deserve. We will monitor the development of Apple's API and as soon as it is possible we will improve this feature. Regards Paymobil ## Frequently asked questions about Peg ### What is Peg? Peg is a self-custodial stablecoin wallet designed for instant, global cross-border payments. It allows users to send and receive money using stablecoins like USDC and USDT on networks such as Polygon and Base. ### How secure is Peg? Peg prioritizes security by creating an encrypted private key on your phone, stored in your device's Keychain. Only you have access to your funds, and if you use iCloud Keychain, your private key is backed up and recoverable on new devices. ### What stablecoins does Peg support? Peg supports USD Coin (USDC) on the Polygon and Base networks, and Tether USD (USDT) on the Polygon network. USDC is a trusted stablecoin pegged 1:1 with the US dollar and is audited monthly. ### Can I cash out stablecoins from Peg to my local currency? Yes, stablecoins used in Peg can be cashed out into the recipient's local currency. In supported countries, you can exchange 1 USDC for 1 USD directly to your bank account or through various exchanges. ### Does Peg have transaction fees? Peg is designed to be user-friendly and aims to avoid the complexities of traditional transaction fees associated with crypto technology. Users can hold money securely without worrying about paying extra fees. ### What devices is Peg available on? Peg is currently available for iPhone and iPod devices, as indicated by its supported devices list. The app is designed for iOS users looking for convenient global payment solutions. ### How often is Peg updated? Peg was last updated on October 21, 2025, with version 3.7.11. This indicates a commitment to ongoing development and improvements for the application. ### What is the user sentiment for Peg? Peg has a rating of 4.2 stars from 56 ratings, suggesting generally positive user sentiment. Users appreciate its ease of use and functionality for global payments. ## Version history (last 5 releases) ### 3.7.11 — 2025-10-21 Minor stability improvements ### 3.7.10 — 2025-10-08 Stability improvements ### 3.7.9 — 2025-06-18 Minor bug fixes ### 3.7.8 — 2025-04-07 New name! Paymobil is now Peg. ### 3.7.6 — 2024-12-03 Improved flow for adding funds Minor bug fixes ## Apps similar to Peg | App | Rating | Price | Category | | --- | --- | --- | --- | | [BCU Bank](https://appshunter.io/ios/app/bcu-bank/id1179612720) | 1.0 (1) | Free | Finance | | [TaxTool](https://appshunter.io/ios/app/taxtool/id1515003020) | — | Free | Finance | | [uLinkcard](https://appshunter.io/ios/app/ulinkcard/id1375520381) | 4.3 (32) | Free | Finance | | [Sendcash - Money Transfers](https://appshunter.io/ios/app/sendcash-money-transfers/id1586843535) | 4.0 (50) | Free | Finance | | [ExcheQ](https://appshunter.io/ios/app/excheq/id1327578120) | 3.2 (9) | Free | Finance | | [SmartXpense](https://appshunter.io/ios/app/smartxpense/id1220174080) | 5.0 (2) | Free | Finance | --- *Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*