B2C2 Launches Penny Platform for Instant Zero-Fee Stablecoin Trades
B2C2’s PENNY platform enables real-time, cost-free stablecoin swaps for institutional clients, supporting on-chain settlement across multiple blockchains and Layer 2 networks.
According to B2C2’s official announcement, the firm has launched PENNY, a zero-fee platform for instant swaps between six stablecoins — USDT, USDC, USDG, RLUSD, PYUSD, and AUSD — with on-chain settlement across Ethereum, Tron, Solana, and several Layer 2 networks. Targeted at banks, merchant acquirers, exchanges, and stablecoin infrastructure providers, PENNY eliminates counterparty risk and supports $1 billion in daily stablecoin trading volume through B2C2’s institutional infrastructure. The launch comes amid growing stablecoin adoption in payments, banking, and settlement, with Citi projecting the global stablecoin market cap could reach $4 trillion by 2030.
- Stablecoin: A cryptocurrency designed to maintain a stable value by pegging it to a reserve asset such as a fiat currency.
- Layer2 Networks: Secondary frameworks or protocols built on top of blockchain systems to increase transaction speed and scalability.
- On-Chain Settlement: The process of finalizing transactions directly on a blockchain, ensuring transparency and security without relying on off-chain intermediaries.