Markets
Darling, What’s All the Fuss? 🎭
- B2C2, those clever darlings, have unleashed PENNY, a zero-fee platform for instant stablecoin swaps. How utterly modern! 🌟
- Targeted at institutions, of course-because who else could handle such sophistication?-it prances across Ethereum, Tron, Solana, and Layer 2 networks. 🕺
My dear, B2C2 has flung open the doors to PENNY, a platform so chic it allows instant, zero-fee swaps between stablecoins. How divine! Just as the world is clamoring for frictionless liquidity, they swoop in like a savior at a cocktail party. 🍸
As the stablecoin market sashays beyond crypto trading into payments, banking, and settlement, PENNY is here to ensure no one’s left clutching outdated currency. How passé! 💸
Currently, it supports six stablecoins-USDT, USDC, USDG, RLUSD, PYUSD, and AUSD-across Ethereum, Tron, Solana, and several Layer 2 networks. Expect more darlings to join the party soon! 🎉
B2C2 assures us that PENNY lets users-banks, merchant acquirers, exchanges, and stablecoin infrastructure firms-swap tokens without fees or counterparty risk. How utterly civilized! 🧐
The swaps settle on-chain through B2C2’s institutional trading infrastructure, which, darling, processes a cool $1 billion in daily stablecoin volume. Quite the soirée, isn’t it? 💃
“Stablecoins have outgrown the crypto trading use case,” declares Thomas Restout, B2C2 Group CEO, with all the gravitas of a leading man. 🕴️
“As traditional financial institutions and corporates adopt stablecoin payment rails, PENNY offers them invaluable infrastructure for real-time execution and settlement without the risks of network fragmentation or the vulgarity of high exchange costs,” he adds, darlings. 🎭
This launch, my dears, follows the 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. How delightfully progressive! 📜
“PENNY is an instant and costless facility aimed at the real economy,” purrs B2C2 U.S. CEO Cactus Raazi in an interview with CoinDesk. How charmingly direct! 🌵
The platform, Raazi adds, is “an important development in market structure” and a major advancement in the evolution of the stablecoin market. Bravo, darling! 👏
Wall Street bank Citi (C) expects the global stablecoin market cap to grow from a mere $300 billion in 2025 to a staggering $4 trillion by 2030. Quite the leap, wouldn’t you say? 🚀
Founded in 2015, B2C2 is one of the earliest and largest institutional liquidity providers in crypto, facilitating over $2 trillion in trading volume across 15 blockchains. They operate regulated entities in the Americas, Europe, and Asia-Pacific. How utterly global! 🌍
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2025-10-23 15:38