Your Bank Earns From Your Money. COCA Pays it Back – 8% Cashback, 5% APY
Sara is a Portuguese software program developer. Her employer pays her wage in USDC. Every month she converts it to euros, waits two days for a financial institution switch, pays conversion charges, and watches her financial institution earn from the float whereas she will get nothing again. She has crypto however no helpful technique to reside on it.
Sara will not be uncommon. Over 70% of stablecoins sit unused on exchanges – not as a result of individuals don’t wish to spend them, however as a result of the infrastructure to take action merely hasn’t existed.
Everyday banking has develop into slick, however the worth customers obtain has stayed skinny. Neobanks improved the interface. The custody mannequin stayed the identical. Customer funds sit inside firm methods whereas financial savings charges hover close to zero.
COCA 3.0 is constructed for Sara. It provides her a EUR IBAN and crypto pockets to obtain her wage, a Visa card to spend it anyplace, 5% APY on her stability as it sits, and as much as 8% cashback on each buy – all with out handing over custody of a single token.
What is COCA 3.0?
COCA started as a self-custodial crypto pockets paired with a non-custodial Visa debit card. Over time it added rewards, cross-border funds, and stablecoin yield. COCA 3.0 is the subsequent step: a full banking product that provides EUR IBAN accounts, real-time APY, and a redesigned interface – all whereas holding the person accountable for their funds.
Where conventional banks and custodial neobanks maintain your cash for you, COCA’s self-custodial structure means no third social gathering, together with COCA, can transfer or freeze your stability. You approve each transaction.
Is COCA credible? The numbers say sure
COCA isn’t early-stage hypothesis. By the tip of 2025 the platform had:
• 1 million+ customers worldwide
• $3.2M ARR run fee, reached in below 12 months
• Card fee quantity rising 248% per quarter on common
• Monthly lively customers up 694% since mid-2025
• 4.9-star score on each iOS and Android
• Best Software Wallet award on the BeInCrypto 100 Awards 2025
BeInCrypto’s personal awards panel named COCA one of the best software program pockets of the yr.
How does the EUR IBAN account work?
COCA 3.0 provides each person a private EUR IBAN, enabling full SEPA transfers. In observe this implies:
• Receive wage or freelance funds straight into the app
• Pay payments by way of financial institution switch
• Send cash to any EU checking account
For customers like Sara, crypto-salaried freelancers, distant employees, or anybody managing cash throughout borders, this closes the hole between crypto revenue and fiat life with out going by means of a standard financial institution.
How a lot cashback are you able to earn with COCA?
Cashback tiers are tied to COCA’s loyalty program, which is staked in $COCA tokens:
• Starter tier: 1% limitless cashback
• Standard tier: 3% on the primary $1,000/month, then 1%
• Premium tier: 5% on the primary $2,500/month, then 1%
• Elite tier: 8% on the primary $10,000/month, then 1%
All tiers additionally obtain 50% cashback on chosen subscriptions, together with Netflix, Spotify, ChatGPT, and Amazon Prime, as much as $70 per service per thirty days. COCA Travel provides lodge reductions of as much as 65% on prime.
How does the 5% APY on stablecoins work?
COCA 3.0 introduces real-time APY on eligible USD balances, powered by Morpho, an audited DeFi lending protocol, with threat administration supplied by Gauntlet, a specialist DeFi threat agency. Key factors:
• APY accrues constantly, not month-to-month
• No minimal stability required
• No lock-up interval – funds stay obtainable for spending and transfers always
This is meaningfully completely different from financial institution financial savings or exchange-based staking, the place funds are both locked or incomes charges near zero. COCA customers earn whereas spending from the identical stability.
Who is COCA 3.0 constructed for?
COCA 3.0 is most helpful for 4 forms of individuals:
• Crypto holders who wish to spend stablecoins and earn yield with out shifting to a custodial change
• Freelancers and distant employees who obtain digital property as revenue and wish actual banking rails to handle day by day bills
• People in high-inflation economies who wish to maintain worth in a extra secure kind whereas utilizing acquainted banking instruments
• Anyone uninterested in neobanks that enhance the interface however maintain the identical unfavorable custody and reward mannequin
What COCA 3.0 provides to the app
The 3.0 launch expands COCA right into a extra full banking product:
• Personal EUR IBAN for SEPA transfers – obtain wage, pay payments, ship funds
• Real-time APY on eligible USD balances with no minimal or lock-up
• Redesigned dwelling display screen combining stability, APY, Visa card, and account particulars
• Separate Banking and Crypto sections for less complicated navigation
Existing options stay: spending throughout 350+ tokens on 12 blockchains with zero charges, as much as 8% cashback, subscription reductions, and COCA Travel.
Coming quickly: USD accounts with ACH help and card-to-card transfers – extending attain throughout the US and enabling peer funds so simple as sending a message.
How to get began with COCA
COCA is obtainable on iOS and Android. Getting began takes three steps:
• Download the COCA app from the App Store or Google Play
• Complete id verification and activate your free digital Visa card
• Top up with crypto, financial institution switch, or card – and begin incomes instantly
The digital card is obtainable immediately. A bodily card might be ordered from throughout the app. Loyalty tier upgrades (which unlock increased cashback charges) can be found by staking $COCA tokens straight within the app.Learn extra and obtain the app at coca.xyz.
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