Each peso in San Roque changes hands
17.9 times a month
1,191 payments today · 95% stayed in town · SR 43,585 in circulation · fund SR 1,845.27
- What it is
- A town's own money, backed one for one by dollars, that circulates locally and slowly returns to the town if it sits still.
- Who it is for
- Towns, councils, and the store on the corner.
- Try it now
- Pay someone in town and watch the coin take the road.
Your house holds SR 400.59example
Backed one for one
Every town peso is a claim on a real USDC the contract holds. Change it back whenever you like.
It keeps moving
Money that sits still shrinks one percent a month into the barangay fund. Money that moves does not shrink at all.
The fund is public
Every peso the council spends from the fund is a transaction anyone in town can see.
Why Arc
Local circulation is made of very small, very frequent payments: forty pesos for bread, two hundred for a jeepney, a sack of rice on Saturday. Every local currency before this one died because settling that traffic cost more than the traffic. On Arc a payment costs a fraction of a cent and is final in under a second, so a two dollar payment can go around town as many times as it likes.