MegPrime, a universal payments platform powered by digital currency, has launched a consumer app and unveiled the Builder Partner Incentive Program, paying homebuyers up to $15,000 in rewards while their new home is under construction. The platform is the first of its kind to provide tangible benefits for the path to homeownership, the company said.
Anchored by an SEC No-Action Letter providing no-action relief to the MPP Token, MegPrime is entering the market with the regulatory posture that has kept most crypto-adjacent payments companies on the sidelines.
American households spend enormous amounts each month on rent, utilities, bills and daily purchases, and little of it builds toward anything. The payment system was built for transactions, not for the people making them. MegPrime was designed to change that calculus.
At the core of MegPrime is a decentralized settlement system that allows senders to pay using MPP Token while recipients choose how they receive: U.S. dollars, USD Coin (USDC), ACH or cryptocurrency. Merchants and recipients have the option to convert their cryptocurrency to U.S. dollars at any time.
“We didn’t build this because the world needed another cryptocurrency. We built it to solve a real need, and we used homeownership as our starting point,” said Zach Ipour, co-founder and CEO of MegPrime. “Crypto is just the architecture of the solution. This is about rewarding people for everyday spending.”
The MegPrime app, through a decentralized settlement protocol, offers:
- Peer-to-peer payments in MPP Token, USDC or USD, linked directly to a user’s bank account.
- Bill payment via a dedicated routing and account number, enabling users to pay rent and recurring bills using the MPP Token
- The upcoming MegPrime Card, funded by MPP Token, that will be usable at millions of merchants worldwide.
- On-ramp and off-ramp capabilities allowing users to move seamlessly between crypto and U.S dollars directly from a bank account, without requiring a centralized exchange,
Taken together, these features position MegPrime as a bridge between traditional banking and the digital economy, reducing the friction points that have long stood in the way of everyday crypto adoption.
In addition, the MegPrime Builder Partner Incentive Program allows new construction homebuyers who sign with a participating builder to earn $1,500 per month paid in MPP Tokens, simply by paying their existing rent or mortgage through the MegPrime app while their home is being built. Buyers can accumulate up to $15,000 in rewards, which can be used immediately for everyday spending or toward their path to homeownership. No holding restrictions apply. Megatel Homes is a current partner offering this program, with additional builder partners expected to follow.
“We built this company because we believe homeownership is the foundation of a better life, and we’ve seen firsthand what it means for a family to get there,” Ipour shared. “Too many Americans are doing everything right and still can’t get in the door. MegPrime exists to change that math.”
In the coming weeks, MegPrime will introduce additional programs designed to help Americans build equity through everyday spending, including expanded bill pay rewards and further homeownership pathways.
