The post Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps appeared on BitcoinEthereumNews.com. Crypto market maker B2C2 has launched PENNY, a new platform that enables instant, zero-fee swaps between major stablecoins as institutional demand for frictionless liquidity tools grows, the company said in a press release Thursday. The launch comes as the stablecoin market expands beyond crypto-native trading into payments, banking and settlement use cases. PENNY currently supports six stablecoins — USDT, USDC, USDG, RLUSD, PYUSD and AUSD — across Ethereum, Tron, Solana and several Layer 2 networks, with more assets expected to be added regularly. B2C2 said PENNY allows users, including banks, merchant acquirers, exchanges and stablecoin infrastructure firms, to automatically swap between tokens without fees or counterparty risk. The swaps settle on-chain through B2C2’s institutional trading infrastructure, which processes roughly $1 billion in daily stablecoin volume. “Stablecoins have outgrown the crypto trading use case,” said Thomas Restout, B2C2 Group CEO, in the release. “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,” he added. The launch follows accelerating regulatory clarity in the U.S., EU, and Asia, which has spurred adoption of regulated stablecoins and encouraged new issuers, including banks and fintechs. “PENNY is an instant and costless facility aimed at the real economy,” B2C2 U.S. CEO Cactus Raazi said in an interview with CoinDesk. The platform is an “important development in market structure” and a major advancement in the evolution of the stablecoin market, Raazi added. Wall Street bank Citi (C) expects the global stablecoin market cap to grow from about $300 billion in 2025 to as much as $4 trillion by 2030. Founded in 2015, B2C2 is one of the earliest and largest institutional liquidity providers in crypto, facilitating more than $2… The post Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps appeared on BitcoinEthereumNews.com. Crypto market maker B2C2 has launched PENNY, a new platform that enables instant, zero-fee swaps between major stablecoins as institutional demand for frictionless liquidity tools grows, the company said in a press release Thursday. The launch comes as the stablecoin market expands beyond crypto-native trading into payments, banking and settlement use cases. PENNY currently supports six stablecoins — USDT, USDC, USDG, RLUSD, PYUSD and AUSD — across Ethereum, Tron, Solana and several Layer 2 networks, with more assets expected to be added regularly. B2C2 said PENNY allows users, including banks, merchant acquirers, exchanges and stablecoin infrastructure firms, to automatically swap between tokens without fees or counterparty risk. The swaps settle on-chain through B2C2’s institutional trading infrastructure, which processes roughly $1 billion in daily stablecoin volume. “Stablecoins have outgrown the crypto trading use case,” said Thomas Restout, B2C2 Group CEO, in the release. “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,” he added. The launch follows accelerating regulatory clarity in the U.S., EU, and Asia, which has spurred adoption of regulated stablecoins and encouraged new issuers, including banks and fintechs. “PENNY is an instant and costless facility aimed at the real economy,” B2C2 U.S. CEO Cactus Raazi said in an interview with CoinDesk. The platform is an “important development in market structure” and a major advancement in the evolution of the stablecoin market, Raazi added. Wall Street bank Citi (C) expects the global stablecoin market cap to grow from about $300 billion in 2025 to as much as $4 trillion by 2030. Founded in 2015, B2C2 is one of the earliest and largest institutional liquidity providers in crypto, facilitating more than $2…

Crypto Market Maker B2C2 Launches PENNY to Enable Instant, Zero-Fee Stablecoin Swaps

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Crypto market maker B2C2 has launched PENNY, a new platform that enables instant, zero-fee swaps between major stablecoins as institutional demand for frictionless liquidity tools grows, the company said in a press release Thursday.

The launch comes as the stablecoin market expands beyond crypto-native trading into payments, banking and settlement use cases.

PENNY currently supports six stablecoins — USDT, USDC, USDG, RLUSD, PYUSD and AUSD — across Ethereum, Tron, Solana and several Layer 2 networks, with more assets expected to be added regularly.

B2C2 said PENNY allows users, including banks, merchant acquirers, exchanges and stablecoin infrastructure firms, to automatically swap between tokens without fees or counterparty risk.

The swaps settle on-chain through B2C2’s institutional trading infrastructure, which processes roughly $1 billion in daily stablecoin volume.

“Stablecoins have outgrown the crypto trading use case,” said Thomas Restout, B2C2 Group CEO, in the release.

“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,” he added.

The launch follows accelerating regulatory clarity in the U.S., EU, and Asia, which has spurred adoption of regulated stablecoins and encouraged new issuers, including banks and fintechs.

“PENNY is an instant and costless facility aimed at the real economy,” B2C2 U.S. CEO Cactus Raazi said in an interview with CoinDesk.

The platform is an “important development in market structure” and a major advancement in the evolution of the stablecoin market, Raazi added.

Wall Street bank Citi (C) expects the global stablecoin market cap to grow from about $300 billion in 2025 to as much as $4 trillion by 2030.

Founded in 2015, B2C2 is one of the earliest and largest institutional liquidity providers in crypto, facilitating more than $2 trillion in trading volume across 15 blockchains. The firm operates regulated entities in the Americas, Europe, and Asia-Pacific.

Source: https://www.coindesk.com/markets/2025/10/23/crypto-market-maker-b2c2-launches-penny-to-enable-instant-zero-fee-stablecoin-swaps

Market Opportunity
Major Logo
Major Price(MAJOR)
$0.06126
$0.06126$0.06126
+2.08%
USD
Major (MAJOR) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28
Trump erupts at Fox News reporter during  roundtable: 'What a stupid question'

Trump erupts at Fox News reporter during  roundtable: 'What a stupid question'

An agitated President Donald Trump lashed out at two reporters during his White House “Saving College Sports” roundtable, complaining that the journalists failed
Share
Rawstory2026/03/07 07:19
Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029

The post Lyn Alden Tips Bitcoin Outperforming Gold Through to 2029 appeared on BitcoinEthereumNews.com. Bitcoin is likely to outperform gold on price performance
Share
BitcoinEthereumNews2026/03/07 07:22