B2C2's PENNY Platform Enables Zero-Fee Stablecoin Swaps Across Multiple Blockchains: A New Era for Institutional Liquidity
A Paradigm Shift in Stablecoin Liquidity
In a landmark development for institutional digital asset infrastructure, crypto market maker B2C2 has launched PENNY, a new platform enabling instant, zero-fee swaps between major stablecoins across multiple blockchain networks. Announced on Thursday, October 23, 2025, the platform directly addresses the growing institutional demand for frictionless liquidity tools as the stablecoin market rapidly expands beyond crypto-native trading into payments, banking, and settlement use cases. By allowing users to automatically swap between tokens like USDT and USDC without fees or counterparty risk, PENNY represents a significant evolution in market structure, potentially accelerating the integration of traditional finance with digital asset rails.
Unpacking the PENNY Platform: Core Features and Immediate Capabilities
PENNY is positioned as a direct response to the operational inefficiencies that have long plagued institutional stablecoin operations. The platform’s value proposition rests on three core pillars: zero fees, multi-chain interoperability, and the mitigation of counterparty risk.
Currently, PENNY supports six prominent stablecoins: USDT, USDC, USDG, RLUSD, PYUSD, and AUSD. These assets are accessible across a range of major blockchain networks, including Ethereum, Tron, Solana, and several Layer 2 networks. This multi-chain approach is critical, as it prevents network fragmentation from becoming a barrier to liquidity. All swaps settle on-chain through B2C2’s established institutional trading infrastructure, which the company states processes roughly $1 billion in daily stablecoin volume. This existing scale provides a foundation of liquidity and reliability for the new platform.
The Driving Forces: Regulatory Clarity and Expanding Use Cases
The launch of PENNY is not occurring in a vacuum; it is a strategic move timed with broader macroeconomic and regulatory trends. The press release highlights "accelerating regulatory clarity in the U.S., EU, and Asia" as a key catalyst. This clarity has spurred the adoption of regulated stablecoins and encouraged new issuers, including banks and fintechs, to enter the space.
This regulatory maturation coincides with a fundamental shift in how stablecoins are used. As Thomas Restout, B2C2 Group CEO, stated in the release, “Stablecoins have outgrown the crypto trading use case.” They are now being integrated into payment systems, corporate treasuries, and banking settlement layers. For these real-world applications, the high fees and settlement delays associated with traditional decentralized exchanges (DEXs) or over-the-counter (OTC) desks are prohibitive. PENNY is designed specifically for this new environment.
Institutional-Grade Infrastructure for a Maturing Market
B2C2’s pedigree as one of the earliest and largest institutional liquidity providers in crypto lends significant credibility to the PENNY launch. Founded in 2015, the firm has facilitated more than $2 trillion in trading volume across 15 blockchains and operates regulated entities in the Americas, Europe, and Asia-Pacific. This deep industry experience is embedded in PENNY’s design.
The platform explicitly targets a professional clientele, including banks, merchant acquirers, exchanges, and stablecoin infrastructure firms. For these entities, the elimination of counterparty risk is as crucial as the removal of fees. By using B2C2 as the centralized liquidity provider and settling transactions on-chain, PENNY offers a trusted execution venue that combines the security of blockchain settlement with the reliability of an institutional counterparty.
Contextualizing the Market: The Trillion-Dollar Stablecoin Trajectory
To understand PENNY's potential impact, it's essential to consider the projected growth of the stablecoin market itself. The news report cites analysis from Wall Street bank Citi (C), which expects the global stablecoin market cap to grow from about $300 billion in 2025 to as much as $4 trillion by 2030. This projected growth underscores the immense addressable market for efficient liquidity solutions like PENNY.
This growth is already materializing in payment volumes. According to a "More For You" section in the source material, stablecoin payment volumes have grown to $19.4 billion year-to-date in 2025. Companies like OwlTing are developing payment infrastructure to capture this market by processing transactions in seconds for fractions of a cent. PENNY serves as the critical backend infrastructure that can make such front-end payment applications viable and cost-effective for large institutions.
A Comparative Glance at Market Dynamics
While PENNY is a unique offering as an institutional-focused, zero-fee swap platform, its launch occurs alongside continued innovation in the retail decentralized finance (DeFi) space. On the same day as the PENNY announcement, market data noted that the Solana-based DEX Jupiter reported a 71% surge in trading volume and 19% revenue growth. However, these platforms operate on different planes; Jupiter caters primarily to retail and DeFi-native users who interact with a wide array of tokens amidst fluctuating network fees, whereas PENNY offers a curated, fee-free stablecoin environment for professional entities.
This distinction highlights a broader trend of market segmentation in crypto infrastructure. As Cactus Raazi, B2C2 U.S. CEO, told CoinDesk, PENNY is an "important development in market structure" specifically aimed at serving "the real economy."
Conclusion: Paving the Road for Mainstream Financial Integration
B2C2's PENNY platform marks a pivotal moment in the maturation of digital asset infrastructure. By solving for cost, speed, and risk simultaneously in the stablecoin domain, it removes significant friction points for traditional financial institutions looking to adopt blockchain-based payment and settlement systems. The platform’s focus on interoperability across leading blockchains like Ethereum, Solana, and Tron future-proofs its utility in an increasingly multi-chain ecosystem.
For readers and market participants, the key takeaway is the clear signal that institutional-grade infrastructure is rapidly catching up to—and in some cases, surpassing—the capabilities of traditional finance for specific use cases. The trajectory from a $300 billion to a potential $4 trillion stablecoin market will be built on foundations like PENNY that provide the necessary liquidity and efficiency.
Moving forward, observers should monitor the adoption rates among PENNY’s target clientele of banks and payment processors, as well as B2C2’s follow-through on its commitment to regularly add more assets and networks. As regulatory frameworks continue to solidify globally, platforms that offer compliant, efficient, and cost-effective bridges between the legacy financial system and the world of digital assets will be strategically positioned to define the next chapter of finance.
This analysis is based solely on information provided in the referenced news summary from October 23, 2025.