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

Crypto market maker B2C2 has introduced PENNY, a new platform designed to facilitate instant, zero-fee swaps between major stablecoins for institutional users, including banks and exchanges. PENNY currently supports six stablecoins (USDT, USDC, USDG, RLUSD, PYUSD, and AUSD) across Ethereum, Tron, Solana, and several Layer 2 networks, with settlement occurring on-chain via B2C2's existing infrastructure which handles about $1 billion in daily stablecoin volume. B2C2 Group CEO Thomas Restout stated that the platform addresses the growing need for real-time execution and settlement as stablecoins move beyond crypto trading into payments and banking, offering an alternative to the friction and costs associated with exchange trading. This launch follows increased regulatory clarity globally, which is spurring the adoption of regulated stablecoins.

(Source：CoinDesk)