Bank ACH to X Money
Time to payout: 1–3 days
Payouts stall
MTWTFSS
1–3 business days · weekdays only · batch cutoffs
When deposits don't credit, the float runs dry.
Pay any @handle in X Money. Settled on Robinhood Chain, with a public receipt.
A protocol puts USDG in escrow. A licensed desk pays the handle in X Money, and the escrow releases only after proof.
We never ask for your X login Independent of X Corp. and Robinhood
Receipts, as they settle
Network
Last 30 days · all protocols
Simulated- Settled to X handles
- $128,440.00
- 100% escrow-backed. No escrow, no order.
- Median settle
- 4.2s
- Posted to released
- Payouts
- 296
- 0 unpaid · 37 refunded after their deadline
Live ledger
Newest first
Every payout, on a public statement.
Recipient, amount, time to settle, the desk that filled it and the release transaction. Open any payment for its receipt.
Robinhood Chain · block 18,204,331 · 12:04:09 UTCAccelerated demo: one settlement every 2–4s
Settled volume
$0.00
Daily in UTC · last 14 days · today still counting · simulated
Payouts
0
One public receipt each · last 14 days · simulated
The old rail
Bank ACH · nett
Bank rails keep bank hours.
Protocols that refill X Money by ACH wait 1–3 business days, and deposits don't credit on weekends. When the float runs dry, payouts get capped, then paused.
Time to payout: 4.2s
Median, simulated
MTWTFSS
median 4.2s · 24/7 · a public receipt per payout
USDG waits in escrow; a licensed desk pays in X Money.
How it works
Escrow · Fill · Prove · Settle
Four steps. One escrow. One receipt.
The order card follows each step as it happens. Select a step, or use the arrow keys, to hold it.
Order ord_7Qk…
Postedtipjar.fun @tipjar_fun
$500.00
Pay @alice in X Money
- Escrow
- 501.50 USDG held
- Deadline
- 10:00
- Filler
- Waiting for a desk
Simulated order. The mark fills when the escrow releases.
Netting · Pay-to-Buy
Buyer dollars refill the float that pays out.
Pay-to-Buy brings buyer dollars into X Money. They refill desks' float, so payouts and purchases clear against each other like a clearing house.
X Money in
Pay-to-Buy- @kofi_codesbought $KITE$1,450.00
- @sol_anabought $LUMEN$2,200.00
- @juno_devbought $OTTO$1,250.00
Total in$4,900.00
X Money out
Payouts- @alicetipjar.fun$500.00
- @mira_buildsroyalty.xyz$1,200.00
- @kenji_buildshandlepay$800.00
Total out$2,500.00
Why it won't break
Testnet · all systems settlingEscrow first. Proof second. Release last.
Each guarantee is a rule in the escrow contract, with its evidence next to it.
| Guarantee | Mechanism | Evidence |
|---|---|---|
| No escrow, no order | An order exists only once the protocol's USDG, payout plus fee, is held in the escrow contract. | createOrder() |
| Licensed desks only | Fillers are licensed payment desks, allowlisted and bonded. A desk can lock an order only if its free bond covers the amount. | lock() · bond ≥ amount |
| No proof, no release | USDG moves to the desk only after the X Money payment proof is verified. Recipients who opt in can also be paid on a 24h challenge window, with the desk's bond at stake. | fulfill() · claim() |
| Unfilled by the deadline, refundable | The protocol sets each order's deadline (10:00 in this demo). Once it passes with no desk holding a lock, anyone can call the refund: the USDG is credited to the protocol's escrow balance, to withdraw any time. | refund() · after deadline |
| We never ask for your X login | Desks pay from their own X Money accounts. nett never sees X credentials. | No X sign-in, ever |
| Open-source contracts | The escrow contract is open source, with a public test suite. Audit: not yet, scheduled before mainnet. | NettEscrow.sol |
| Public receipts | Every order, fill and refund gets a receipt anyone can open. | NT-9F3A…C21 |
What if
Name the failure, then the rule.
Every failure ends in one of two places: the desk is paid after proof, or the USDG is credited back to the protocol.
| If | Then | Guarantee |
|---|---|---|
| A desk doesn't pay | Its lock lapses after 30 min to pay and 2 h to prove. The order reopens for another desk, or refunds if its deadline has passed. | releaseExpiredLock() |
| A proof is invalid | The escrow rejects the proof. When the lock lapses, the order reopens for another desk. | Proof rejected |
| X Money is down | Orders wait in the book. Any order no desk has locked by its deadline becomes refundable. | refund() · after deadline |
| nett is offline | The protocol calls refund() on the escrow directly. | Permissionless refund |
Open orders
Deadline 10:00 · then refundable
Every order and every fill is public.
Orders wait for a licensed desk to lock them. The bar under each row is the time left before the order’s deadline.
Robinhood Chain · block 18,204,331 · 12:04:09 UTCAn order no desk has locked by its deadline (10:00 in this demo) becomes refundable. Anyone can call the refund.
For protocols
REST · JSON · Webhooks
One request per payout. One receipt back.
Post a payout to any @handle with an idempotency key. nett returns the receipt and calls your webhook when the escrow releases.
POST/v1/payouts
Pay one @handle. Escrows the payout plus fee.
POST/v1/payouts/batch
Up to 500 payouts in one request, one escrow each.
GET/v1/receipts/:id
The public receipt, as JSON.
HOOKpayout.settled
Sent when the escrow releases. Retried until your endpoint returns 2xx.
- Idempotency
- 1 key
- Same key, same payout. Safe to retry.
- Webhooks
- 24h
- Retried with backoff until 2xx.
- Receipts
- 1:1
- One public receipt per payout.
Run posts a test payout. Simulated: no funds move.
Open the consoleTest keys start with nt_test_.
For fillers
Licensed payment desks only
Licensed desks, paid by the fill.
Desks already hold dollars in X Money. They pay handles, submit the proof and earn the posted fee per fill, in USDG.
- Float available
- $8,000.00
- X Money, self-reported
- USDG claimable
- 2,418.35 USDG
- Released after proof
- Fees earned, 30d
- 158.75 USDG
- Fee per fill, 118 fills
Recent fills
Onboarding
Six checks, then your first public receipt.
Licensing comes first. The last check is a $1.00 test fill that publishes a receipt under your desk's handle.
- 01KYB and licensing
- 02Verify desk handle
- 03Connect payout wallet
- 04Post bond
- 05$1.00 test fill
- 06Go live
Pay-to-Buy
Preview · licensed partner requiredPay with X Money. Receive the token.
No wallet setup. You send dollars to nett’s partner handle with a note; a licensed partner sells the token, and your dollars refill desks.
- TickersFictional: $LUMEN, $KITE, $OTTO
- StatusPreview. Nothing here is an offer to buy or sell.
Instruction, when live
Preview · do not sendWhen Pay-to-Buy is live, you’ll send $50.00 in X Money to nett’s partner handle with the note BUY $LUMEN.
- Send
- $50.00
- To
- Partner handle, shown at launch
- Note
- BUY $LUMEN
Receipts
Public by default
Every payout ends in a receipt anyone can check.
The amount, who was paid, both transactions and the proof. Link it, share it, and once live, verify it on the explorer.
Questions
6 answers
What people ask first.
Is nett affiliated with X or Robinhood?
No. nett is independent and is not affiliated with, endorsed by, or sponsored by X Corp. or Robinhood Markets, Inc. X Money and Robinhood Chain are named only to describe where money moves.
Who holds the money in flight?
An escrow contract on Robinhood Chain holds the protocol's USDG from the moment an order is posted until a proof is verified. nett never holds dollars and never asks for your X login.
What happens if a filler disappears?
Nothing is released without a proof or, for opted-in recipients, an unchallenged claim. A lock lapses after 30 min to pay and 2 h to prove, and the order reopens. Once its deadline has passed, anyone can trigger the refund: the USDG is credited to the protocol’s escrow balance, to withdraw any time.
How is an X Money payment proven?
The desk submits a proof of the X Money payment, and the escrow checks it before release. A rejected proof reopens the order for another desk.
What does a filler earn?
A fee per fill, set by the protocol on each order and paid in USDG when the escrow releases. Each lock needs free bond that covers the order; after a fill settles, its amount stays held 24 h, then 20% of it for 75 days.
Which handles can be paid?
Any X handle that can receive X Money. The console warns when a handle may not receive yet; if it can’t, no desk fills the order and it becomes refundable after its deadline.
Request access
Reply within 2 business days
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We reply within two business days. We never ask for your X login.