One of the most notable upgrades in B2BinPay v20 is the incorporation of TRX Staking, a feature built on the advanced Stake 2.0 mechanism of the TRON community. This enhancement offers users increased flexibility, simplified interactions, and improved efficiency in resource delegation and utilization. By staking TRX, B2BinPay clients can earn a passive annual yield of 3-5%, subject to network conditions. Not only does staking TRX provide users with additional income, but it also helps reduce transaction fees on the TRON network by converting staked TRX into Bandwidth and Energy, essential network resources that power smart contract operations and transaction processing capacity. Through TRX staking, businesses and individuals can enhance their transaction efficiency, lower operational costs, and gain a competitive advantage in the market.
Building on its existing integration with Polygon and Avalanche, B2BinPay v20 has further expanded its blockchain support by introducing Optimism, Arbitrum, and Base. These additions offer native support for stablecoins and open up a world of new possibilities for users. Optimism operates as a Layer 2 solution for the Ethereum main network, significantly enhancing scalability by consolidating transactions and reducing fees by ten times compared to Ethereum’s base level. With over $1 Billion saved in gas payments since its inception, Optimism has proven to be a cost-effective blockchain solution that benefits users. Arbitrum, on the other hand, is an Ethereum scaling solution that allows developers to deploy DApps quickly and securely, supporting stablecoins and providing more options for users. Base, developed by Coinbase, leverages Optimism’s OP Stack for enhanced EVM compatibility, supporting stablecoins and simplifying code deployment across Ethereum and compatible blockchains. By expanding its blockchain offerings, B2BinPay enables users to match the right technology to their business needs and increase their transaction options.
With the expansion of its blockchain support, B2BinPay now offers a wide range of networks for USDT and USDC, giving users more flexibility in their transactions. For USDT, B2BinPay supports 7 networks, including Ethereum, Binance Smart Chain, Tron, Avalanche, Polygon, Optimism, and Arbitrum. Similarly, for USDC, B2BinPay extends its support to 8 networks, such as Ethereum, Binance Smart Chain, Tron, Avalanche, Polygon, Optimism, Arbitrum, and Base. Additionally, B2BinPay facilitates the use of bridged USDC on 4 networks: Avalanche, Polygon, Optimism, and Arbitrum. This expansion allows users to seamlessly convert assets, reduce costs, and address transaction needs across various blockchains, ensuring a smooth and efficient payment process.
Looking ahead, B2BinPay has announced plans to introduce Algorand and Solana in its next release, further expanding the total number of blockchains supporting stablecoin transactions to ten. With the addition of Algorand and Solana to its roster of supported networks, B2BinPay continues to stay at the forefront of blockchain innovation, providing users with cutting-edge payment processing solutions to optimize their business potential. Stay connected with B2BinPay as it continues to evolve and adapt to the ever-changing landscape of blockchain technology.