ZKP2P is quietly solving one of crypto’s biggest vulnerabilities: onboarding that still relies on leaky Web2 infrastructure.

In the wake of a 16B credential cloud breach, its private, trust-minimized on/off-ramp is more relevant than ever — especially with v2 now live.

Here’s what it solves and how it works. 👇

~~ Analysis by @davewardonline ~~

Crypto payments still face key friction points for onboarding:

➢ High Fees: Moonpay charges up to 4.5%, and Transak $1 + 3.5%

➢ Cumbersome KYC: Different levels, tied to user accounts

➢ Limited Asset Support: Only a subset of onchain assets

➢ Inconsistent Availability: Coinbase works smoothly, but not everywhere

@zkp2p matches buyers (onramping) with sellers (offramping), fixing this. In V1, sellers locked $USDC in escrow. Buyers sent fiat via Venmo, generated a payment proof, and unlocked funds.

What’s New in V2

V2 keeps the buyer/seller core but now uses zkTLS — a method for moving data from Web2 to Web3 without exposing private details — to match offchain and onchain parties.

Users can now on/off ramp any ERC20 across Base, Polygon, Ethereum, and Solana, with new payment proof types (API, receipt, email confirmation).

It also adds "offchain relayers" that differ by service: the default ZKP2P relayer abstracts gas and wallet signing, while others may add KYC or specialize in certain regions or providers.

The result: a more flexible, developer-ready protocol that builds on V1’s foundation.

If I must prove receipt, how private is ZKP2P?

ZKP2P doesn’t hide payments — it proves they happened without exposing personal data.

Instead of KYC, users generate cryptographic proofs locally showing that a payment occurred and that they own the account — including only what's needed (transaction ID, date, amount, etc.). Nothing is stored; all data lives in the browser and disappears after.

This works through PeerAuth, a browser extension that uses zkTLS to pull info from Web2 payment apps (Venmo, Wise) and generate proofs, revealing only what's necessary.

Everything is open source, and network activity can be inspected to confirm no leaks.

How to Onramp via ZKP2P

1️⃣ Visit zkp2p (dot) xyz & Connect Wallet — Use “Log In” in the top-right corner, then go to the Buy tab.

2️⃣ Start Your Order — Choose currency and payment method, pick an offer, then start and sign the order.

3️⃣ Install PeerAuth — Prompted after starting your first order. Click “Add to Chrome.” (While installing an extension in crypto usually feels risky, the doxxed founders and Ethereum Foundation support for ZKP2P make me more comfortable doing so.)

4️⃣ Make Payment — Follow payment instructions (QR code or manual), then click “I have completed payment.”

5️⃣ Verify & Receive $USDC — Log into your payment app, PeerAuth fetches details, select the correct transaction, click Verify, wait ~30s, then complete the order and receive funds.

Support is available via their docs and Telegram.

If you want to sell on ZKP2P, follow their guide to get started.

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ZKP2P is faster and cheaper than most onramps. Fees stay low (sometimes zero for small amounts), though they can creep up with size, easily solved by splitting into smaller orders.

I’ve had $5 transactions where I paid the exact rate, onboarding USD with Venmo for zero cost — genuinely impressive. Still, ZKP2P isn’t yet as cheap or convenient as Coinbase for Base users in supported areas.

Even so, usage keeps climbing as the protocol moves toward delivering the kind of seamless, private crypto payments the space has promised for years.