Magnus Pay vs GlacierPay

Magnus Pay is a non-custodial mobile wallet for sending and receiving digital dollars, dong, and euros. Built on Magnus, a new Layer 1 blockchain designed for stablecoin payments in emerging markets. What's different about Magnus Pay: Pay transaction fees in any stablecoin you hold. Most wallets force you to keep a separate "gas token" alongside the currency you actually use. Magnus removes that. Send 100 mVND, pay the fee in mVND. Send 50 mUSD, pay in mUSD. Pick your fee currency from the bottom sheet on the send screen. Settles in 300 milliseconds. Magnus uses Commonware Simplex consensus, which finalizes transactions in roughly a third of a second. The wallet shows you the elapsed time on the send confirmation screen. Cash out to a Vietnamese bank account. Send digital dong, receive VND in your bank account via VietQR. Works with banks supporting NAPAS 247. Three stablecoins live today: mUSD (US dollar), mVND (Vietnamese dong), and mEUR (euro). All maintain their peg via on-chain FX reporters that publish rates every minute. What's in the wallet: - Send and receive stablecoins via QR code or wallet address - Multi-currency fee picker - Transaction history with block explorer links - Cloud account backup via Google sign-in - Local currency display (USD by default, switchable) - Faucet for getting test tokens during the Magnus devnet phase Magnus is fully open source. The wallet, the chain node, the FX reporters, the precompiles. Source at github.com/Magnus-Foundation. This app does not custody your funds. Your seed phrase is generated on your device and never leaves it. Magnus does not have the ability to freeze your account, reverse your transactions, or recover your wallet without your backup. The optional Cloud Account Backup feature uses Google sign-in plus threshold cryptography to let you recover your wallet on a new device. Magnus Pay is currently running against the Staccato devnet. Mainnet launch follows in Q3 2026.

GlacierPay gives approved businesses secure native access to institutional digital-asset trading and settlement. MANAGE ACCOUNTS View supported fiat accounts, balances, receiving instructions, beneficiaries, and recent activity from one clear dashboard. TRADE WITH CLARITY Request firm fiat-to-crypto quotes, review the rate and spread before confirmation, and follow trade status from quote through settlement. MOVE DIGITAL ASSETS View supported crypto balances, receive assets using the correct network, and send only to approved beneficiary wallets. BUILT FOR COMPLIANCE Complete business verification, respond to information requests, manage approved team members, and access support from inside the app. SECURITY CONTROLS GlacierPay supports two-factor authentication, Face ID app locking, beneficiary controls, wallet ownership verification, and encrypted communication. GlacierPay is intended for approved business and institutional clients. Product availability varies by jurisdiction, client status, asset, network, and applicable legal or regulatory requirements. Digital assets involve risk. Review the GlacierPay Risk Disclosure before trading. Glacierpay Inc. is registered with FINTRAC as a Money Services Business under registration number C10001598. Registration is an anti-money-laundering registration and is not an endorsement or guarantee.