SBI-Owned B2C2 Announces Zero-Fee Stablecoin Swap | Crypto Work Pro
B2C2, the institutional crypto liquidity supplier acquired by Japanese SBI, has launched a new platform designed to
simplify cross-chain stablecoin transfers and scale back operational dangers. The purpose is to supply steady liquidity throughout main digital property by means of the new offering.
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PENNY Targets Stablecoin Fragmentation
According to the company, the growing quantity of
stablecoins and blockchains has made liquidity management advanced for banks,
fee corporations, and exchanges.
Dubbed PENNY, the new service permits establishments to
swap stablecoins immediately, reportedly with out charges. It helps computerized swaps
between six main stablecoins, USDT, USDC, USDG, RLUSD, PYUSD, and AUSD, on
Ethereum, Tron, Solana, and Layer-2 networks.
The platform executes trades and settles them
concurrently on-chain, reducing counterparty and operational dangers. It runs
24/7 and plans so as to add help for extra stablecoins primarily based on market
demand.
“PENNY is a strategic step forward for B2C2,” commented Thomas Restout, Group CEO. “Stablecoins have outgrown the crypto trading use case. As traditional financial institutions and corporates increasingly adopt stablecoin payment rails, PENNY offers them valuable infrastructure for real-time execution and settlement, without the risks of network fragmentation or the friction and high costs of trading on exchanges.”
B2C2’s Market Role
Regulatory readability within the US, EU, and Asia has
inspired banks and fintechs to discover stablecoins for funds and treasury
operations. Citigroup initiatives the market may rise from $300 billion in 2025
to $4 trillion by 2030.
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Founded in 2015, B2C2 has facilitated $2 trillion in
digital asset trading and processes $1 billion in stablecoins each day. Its world community spans regulated entities throughout the
Americas, Europe, and APAC. The majority of the firm is owned by the Japanese financial group SBI, which offers 24/7 execution and institutional-grade pricing.
PENNY positions B2C2 to help a growing
institutional demand for fast, low-risk stablecoin transfers and cross-chain
liquidity.
More lately, Japan’s SBI Securities launched cryptocurrency contracts for distinction (CFDs), marking its first crypto
offering on the platform. The broker, historically centered on mainstream
property, now offers CFDs on main digital currencies, together with Bitcoin,
Ethereum, XRP, Solana, and Dogecoin, with trading accessible over the weekend.
To help the new service, SBI Securities appointed B2C2 as
its major liquidity supplier for crypto CFDs. SBI Securities is an element of the
wider SBI Group, which owns a 90% stake in B2C2. Crypto CFDs permit merchants to
speculate on price actions with leverage, taking long or short positions
with out proudly owning the underlying property, eliminating the need for custody.
This article was written by Jared Kirui at www.financemagnates.com.
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