SBI-Owned B2C2 Publicizes Zero-Charge Stablecoin Swap Platform for Establishments

[ad_1] B2C2, the institutional crypto liquidity supplier acquired by Japanese SBI, has launched a brand new platform designed to simplify cross-chain stablecoin transfers and scale back operational dangers. The intention is to offer steady liquidity throughout main digital belongings by means of the brand new providing.

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PENNY Targets Stablecoin Fragmentation

In keeping with the corporate, the rising variety of stablecoins and blockchains has made liquidity administration complicated for banks, cost corporations, and exchanges.

Dubbed PENNY, the brand 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, slicing counterparty and operational dangers. It runs 24/7 and plans so as to add assist for extra stablecoins based mostly on market demand.

"PENNY is a strategic step ahead for B2C2," commented Thomas Restout, Group CEO. "Stablecoins have outgrown the crypto buying and selling use case. As conventional monetary establishments and corporates more and more undertake stablecoin cost rails, PENNY provides them priceless infrastructure for real-time execution and settlement, with out the dangers of community fragmentation or the friction and excessive prices of buying and selling on exchanges."

B2C2’s Market Function

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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Based in 2015, B2C2 has facilitated $2 trillion in digital asset buying and selling and processes $1 billion in stablecoins each day. Its international community spans regulated entities throughout the Americas, Europe, and APAC. The vast majority of the agency is owned by the Japanese monetary group SBI, which supplies 24/7 execution and institutional-grade pricing.

PENNY positions B2C2 to assist a rising institutional demand for quick, low-risk stablecoin transfers and cross-chain liquidity.

Extra not too long ago, Japan’s SBI Securities launched cryptocurrency contracts for distinction (CFDs), marking its first crypto providing on the platform. The dealer, historically targeted on mainstream belongings, now supplies CFDs on main digital currencies, together with Bitcoin, Ethereum, XRP, Solana, and Dogecoin, with buying and selling obtainable over the weekend.

To assist the brand new service, SBI Securities appointed B2C2 as its major liquidity supplier for crypto CFDs. SBI Securities is a part of the wider SBI Group, which owns a 90% stake in B2C2. Crypto CFDs enable merchants to speculate on value actions with leverage, taking lengthy or brief positions with out proudly owning the underlying belongings, eliminating the necessity for custody.