A GRAJ credit is store credit: an amount GRAJ owes you, counted in cents on its own ledger, earned on an order or given for a reason that is written on the row. It pays an untaxed order in full, it goes to another participant instantly with no fee, and it is never a bank balance — nothing turns a credit into cash. Six things are true of every credit, and each one is a door you can open.
A credit is one cent of US-dollar store credit. This is what an amount of credits is roughly worth in twelve currencies at the mid-market rate the protocol fetches once an hour — an orientation, labeled approximate, never an amount you can withdraw. Credits are spent on the protocol or sent to a participant; they are not redeemed for cash in any currency.
Mid-market rates from open.er-api.com, fetched once an hour for everybody and rounded half-up to the currency's own minor unit — two decimals for most, none for yen or won, three for dinar. These rates are an orientation beside an exact price. Nothing is charged, settled or paid out at them: an order is denominated in what its goods are priced in, and money is held and released in that currency. At a card checkout, Stripe quotes and charges the buyer in their own currency and settles the conversion itself; the seller is still paid in the order’s currency.
Reading today’s rates…
When the rate feed cannot be read, no figure is shown rather than a guess. Rates are an outside feed, cached by the protocol; the credits themselves never change value in USD.
The GENIUS Act of 2025 regulates payment stablecoins: a token on a distributed ledger, sold for cash, redeemable for cash at a fixed value, backed one for one by a reserve its issuer attests to. A GRAJ credit is none of those, and every one of these conditions is code, published here from the same source the build checks against the database.
Free to join. Participants keep 95% of every transaction; GRAJ takes 5%. Built for 195 countries — payments live in the United States.