pingNpay is a regulated low-cost payments network for payments under $25, designed for sellers of anything from hot dogs to streamed music to airtime, whether in the metaverse or on main street. Sellers set up in less than five minutes, consumers less than one, a few clicks, no registration and no giving up personal information. pingNpay sellers build their business with pay-per-use business models, paying less than a 1% fee. pingNpay is regulated, issuing a full fiat-collateralised stablecoin in any currency. We enable payments in any application using a stablecoin issued on a blockchain providing real-time settlement, at low cost, 24/7, globally.