B2BinPay Continues to Evolve, Introduces TRX Staking and Expands Blockchain Support

B2BinPay, the industry-leading blockchain platform, continues to evolve, offering even greater value to its clients. Version 20 introduces two key features: TRX Staking and expanded blockchain support.

B2BinPay, the leading blockchain payment processing solution for businesses, has announced the release of version 20, which introduces TRX Staking and expands blockchain support to include Optimism, Arbitrum, and Base.

TRX Staking, built on the TRON community’s advanced Stake 2.0 mechanism, enables B2BinPay users to stake any amount of TRX and earn a passive annual yield of 3-5%, depending on network conditions. By staking TRX, users can also significantly reduce transaction fees on the TRON network.

TRX Staking on B2BinPay is available immediately, and any TRX used for staking will be automatically credited to users’ TRX wallets. Users can check their staking rewards in the B2BinPay interface.

In addition to TRX Staking, B2BinPay v20 also expands its blockchain support to include Optimism, Arbitrum, and Base, all of which feature native support for stablecoins.

Specifically, B2BinPay now supports:

USDT on 7 networks: Ethereum, Binance Smart Chain, Tron, Avalanche, Polygon, Optimism, and Arbitrum.

USDC on 8 networks: Ethereum, Binance Smart Chain, Tron, Avalanche, Polygon, Optimism, Arbitrum, and Base.

Bridged USDC on 4 networks: Avalanche, Polygon, Optimism, and Arbitrum.

With this expanded support, B2BinPay users can now tailor their transactions to their specific business needs, such as:

Streamlined Withdrawals for End-Users: If an end-user requests a withdrawal in a currency that isn’t readily available, B2BinPay enables users to quickly convert assets to the desired currency and cover any associated transaction costs.

Reduced Blockchain Fees: B2BinPay offers a solution to lower USDT transaction costs. Users can aggregate USDT from various blockchains, like Ethereum or Optimism, into a single swap wallet. Clients can then withdraw using any available blockchain, minimising fees.

Ensuring Liquidity for Trading Platforms: For users who hold large cryptocurrency funds and encounter urgent needs, like stopouts on trading platforms, B2BinPay’s vast blockchain support enables the rapid conversion of assets into the required currency for deposit.

B2BinPay plans to introduce Algorand and Solana in the next releases, which will increase the total number of blockchains supporting stablecoin transactions to ten, including Tron, Ethereum, Binance Smart Chain, Avalanche, Polygon, Optimism, Arbitrum, and Base.