Beans is a non-custodial wallet on Stellar that abstracts away crypto complexity, offering free remittances and yield-bearing savings accounts. Users can send money across currencies with zero fees and earn returns on stablecoins, Bitcoin, Ethereum, or XLM.
Beans presented its non-custodial wallet built on Stellar that simplifies cryptocurrency for everyday users. The app enables free cross-currency remittances by abstracting away private keys and seed phrases, instead using email and phone number recovery via SEP-31 with independent signing servers. Users can deposit fiat through anchor infrastructure, send money to contacts who receive in their preferred currency with real-time Stellar DEX rates, and access yield-bearing savings accounts in dollars, Bitcoin, Ethereum, or XLM. The platform monetizes through savings yields rather than payment fees, and uses Anklab for account recovery infrastructure. Beans targets emerging markets like Argentina where users can escape inflation by converting local currency to dollars or other assets.
