B2BinPay, a leading blockchain platform, has recently unveiled exciting new features in their latest version, v20. One of the key highlights of this update is the introduction of TRX staking, which is based on the advanced Stake 2.0 mechanism developed by the TRON community. This new approach to staking offers users increased flexibility, simplified interactions, and enhanced efficiency in resource delegation and utilization.
TRX staking on B2BinPay allows clients to stake any amount of TRX and earn a passive annual yield of 3-5% (subject to network conditions). This not only provides users with an additional source of income but also helps reduce transaction fees on the TRON network by converting staked TRX into vital network resources such as Bandwidth and Energy. Energy powers smart contract operations, while bandwidth is essential for transaction processing capacity. By staking TRX and acquiring these resources, businesses and individuals can optimize their transaction efficiency and lower operational costs, giving them a competitive edge in the market.
In addition to TRX staking, B2BinPay v20 has expanded its blockchain support by integrating Optimism, Arbitrum, and Base. Optimism, a Layer 2 solution for Ethereum, enhances the scalability of the Ethereum network by consolidating transactions. It significantly reduces fees, making transactions more cost-effective for users and saving them billions in gas payments since its inception in 2021.
Arbitrum, another Ethereum scaling solution, allows for higher transaction volumes at lower costs, enabling developers to deploy DApps quickly and securely. Base, developed by Coinbase, enhances EVM compatibility and supports stablecoins, simplifying code deployment across Ethereum and compatible blockchains. By adding these blockchain integrations, B2BinPay offers users a wider range of options to match the technology to their specific business needs.
With the expansion of blockchain support, B2BinPay now supports various stablecoins on multiple networks, including USDT on 7 networks and USDC on 8 networks. This allows users to choose the most suitable blockchain for their transactions based on their specific requirements. For example, combining USDT across different blockchains into a single swap wallet can help reduce transaction costs and provide more flexibility for withdrawals.
Furthermore, the addition of Algorand and Solana in the upcoming release will further increase the total number of supported blockchains to ten, offering even more transaction options for users. By staying connected with B2BinPay and utilizing their modern blockchain payment processing solutions, businesses can optimize their potential and streamline their transaction processes.
B2BinPay v20 introduces exciting new features such as TRX staking and expanded blockchain support, providing users with enhanced flexibility, efficiency, and cost-effectiveness in their transactions. By leveraging these features, businesses and individuals can optimize their transaction processes, reduce operational costs, and gain a competitive edge in the market. Stay connected with B2BinPay to harness the power of modern blockchain payment processing solutions and maximize your company’s potential.
