The VerifiedX Foundation has introduced Butterfly, a groundbreaking self-custodial social peer-to-peer payment platform. Users can seamlessly send and receive VFX, Bitcoin, USDT, and USDC through text, email, or social media, with transactions costing just $0.01 regardless of the amount. The platform, accessible via BeFree.io or the VFX SwitchBlade Wallet, aims to simplify self-custody to the level of social media interaction. Butterfly is built on the VerifiedX Network, which features a deflationary model and zero-inflation economics. The platform plans to expand its offerings to include peer-to-peer lending and borrowing, further enhancing its utility in the digital payment landscape.