Earn 8% Cashback & 5% APY in Crypto: How One App Pays You Back Your Salary!

Your Bank Earns From Your Money. COCA Pays it Back – 8% Cashback, 5% APY

As a researcher, I’ve been speaking with Sara, a software developer in Portugal, about how she gets paid. She receives her salary in USDC, a cryptocurrency, but the process of getting it into euros is frustrating. Each month, it takes two days for the funds to appear in her bank account after conversion, and she’s charged fees for the exchange. It’s particularly annoying because the bank benefits from the time it takes to process the transaction – essentially earning money on the ‘float’ – while she doesn’t see any of that benefit. Although she does own other cryptocurrencies, she hasn’t found a practical way to use them for everyday expenses.

Sara’s situation is common. Most stablecoins – over 70% – aren’t being used for transactions on exchanges. This isn’t because people don’t *want* to spend them, but rather because the necessary tools and systems to easily do so haven’t been available.

While modern banking apps are easy to use, the benefits for customers haven’t really improved. New banks have made the experience better, but the basic way things work – where your money is held within the bank’s systems and earns very little interest – hasn’t changed.

COCA 3.0 is designed for people like Sara. It lets her receive her paycheck through a European bank account (IBAN) and a crypto wallet, spend money with a Visa card, earn 5% annual interest on her savings, and get up to 8% cashback on purchases – all while remaining in complete control of her cryptocurrency.

What is COCA 3.0?

COCA started as a crypto wallet where users held their own keys, combined with a Visa debit card. It has since expanded to include features like rewards programs, international payments, and the ability to earn interest on stablecoins. Now, with COCA 3.0, it’s evolving into a complete banking solution. This new version offers European IBAN accounts, instantly updated interest rates, and a fresh, user-friendly design – all while still giving users full control over their money.

Unlike traditional banks and some newer online banks, COCA gives you complete control of your money. With COCA’s system, no one – not even us – can move or freeze your funds without your direct approval for each transaction.

Is COCA credible? The numbers say yes

COCA isn’t early-stage speculation. By the end of 2025 the platform had:

• 1 million+ users worldwide

• $3.2M ARR run rate, reached in under 12 months

• Card payment volume growing 248% per quarter on average

• Monthly active users up 694% since mid-2025

• 4.9-star rating on both iOS and Android

• Best Software Wallet award at the BeInCrypto 100 Awards 2025

BeInCrypto’s own awards panel named COCA the best software wallet of the year.

How does the EUR IBAN account work?

COCA 3.0 provides each user with their own European IBAN, allowing them to easily send and receive money using SEPA transfers. Essentially, this means:

• Receive salary or freelance payments directly into the app

• Pay bills via bank transfer

• Send money to any EU bank account

This solution helps people like freelancers, remote workers, and those who earn or manage money internationally easily use their cryptocurrency earnings for everyday expenses, without needing a traditional bank.

How much cashback can you earn with COCA?

Cashback tiers are tied to COCA’s loyalty program, which is staked in $COCA tokens:

• Starter tier: 1% unlimited cashback

• Standard tier: 3% on the first $1,000/month, then 1%

• Premium tier: 5% on the first $2,500/month, then 1%

• Elite tier: 8% on the first $10,000/month, then 1%

All membership levels get 50% cashback on certain subscriptions like Netflix, Spotify, ChatGPT, and Amazon Prime, with a monthly limit of $70 per service. Plus, COCA Travel members enjoy hotel discounts of up to 65%.

How does the 5% APY on stablecoins work?

COCA 3.0 now offers instant APY on qualifying USD balances. This is made possible through Morpho, a secure and verified DeFi lending platform, and includes risk management expertise from Gauntlet, a leading DeFi risk specialist. Here are the highlights:

• APY accrues continuously, not monthly

• No minimum balance required

• No lock-up period – funds remain available for spending and transfers at all times

Unlike traditional bank savings or staking platforms where your money is often locked up or earns very little, COCA users can earn rewards simply by using their funds – all from the same account balance.

Who is COCA 3.0 built for?

COCA 3.0 is most useful for four types of people:

People who own cryptocurrencies and want to use stablecoins to earn rewards without giving control of their assets to a centralized exchange.

As a researcher, I’ve been focusing on the growing number of freelancers and remote workers who are paid in digital assets. A key challenge they face is needing traditional banking services – things like being able to easily pay bills and cover everyday expenses – to actually *use* that income. They need a bridge between the digital asset world and real-world finances.

Individuals living in countries with high inflation who are looking for ways to preserve their wealth using standard banking methods.

As an analyst, I’m noticing a growing frustration with neobanks. Many are focusing on slicker apps and user interfaces, but they haven’t addressed the core issues of how they handle customer funds and the rewards they offer. People are starting to ask why the underlying problems haven’t been fixed, despite the cosmetic improvements.

What COCA 3.0 adds to the app

The 3.0 release expands COCA into a more complete banking product:

• Personal EUR IBAN for SEPA transfers – receive salary, pay bills, send funds

• Real-time APY on eligible USD balances with no minimum or lock-up

• Redesigned home screen combining balance, APY, Visa card, and account details

• Separate Banking and Crypto sections for simpler navigation

You can still enjoy all the features you love, including spending with over 350 digital tokens across 12 different blockchains with no fees, earning up to 8% cashback, getting discounts on subscriptions, and accessing COCA Travel.

We’re excited to announce that USD accounts with ACH transfers and card-to-card payments are launching soon! This will allow users across the US to easily send and receive money, just like messaging.

How to get started with COCA

COCA is available on iOS and Android. Getting started takes three steps:

• Download the COCA app from the App Store or Google Play

• Complete identity verification and activate your free virtual Visa card

• Top up with crypto, bank transfer, or card – and start earning immediately

Get your virtual card right away! You can also order a physical card through the app. Plus, you can increase your rewards by staking $COCA tokens – all within the app. Find out more and download it at coca.xyz.

2026-05-06 10:42