B2BinPay v20 Release: Improved Functionality with TRX Staking and Expanded Blockchain Support

B2BinPay,
the
world-leading
blockchain
platform,
has
just
become
even
better.
The
latest
version
introduces
TRX
staking
and
expands
blockchain
support,
offering
customers
more
flexibility
and
efficiency.
Let’s
take
a
look
at
how
these
new
features
improve
B2BinPay’s
user
experience.

TRX
Staking
–
Earn
While
You
Transact!

A
key
highlight
of B2BinPay
v20 is
the
introduction
of
TRX
Staking,
built
upon
the
TRON
community’s
advanced
Stake
2.0
mechanism.
This
new
approach
improves
Stake
1.0
by
offering
increased
flexibility,
simplified
user
interactions,
and
enhanced
efficiency
in
resource
delegation
and
utilization.

TRX
staking
allows
B2BinPay
clients
to
stake
any
amount
of
TRX
and
earn
a
passive
annual
yield
of
3-5%
(subject
to
network
conditions).
Additionally,
staking
TRX
helps
users
reduce
transaction
fees
on
the
TRON
network
by
converting
staked
TRX
into
Bandwidth
and
Energy,
vital
network
resources.

Energy
powers
smart
contract
operations,
while
bandwidth
is
needed
for
transaction
processing
capacity.
By
staking
TRX
and
acquiring
these
resources,
both
businesses
and
individuals
can
optimize
their
transaction
efficiency
and
lower
operational
costs,
obtaining
a
clear
edge
over
competitors.

Getting
started
with
TRX
Staking
on
B2BinPay
is
simple:

1. 
   Start
   by
   turning
   your
   TRX
   into
   Energy
   or
   Bandwidth,
   depending
   on
   the
   particular
   processing
   requirements
   of
   the
   asset
   type
   you
   have
   selected.

2. 
   Next, delegate
   your
   votes
   converted
   from
   Bandwidth
   or
   Energy
   to
   SR.

Broader
Blockchain
Support
with
Optimism,
Arbitrum,
and
Base

Building
on
the
previous
integration
of Polygon
and
Avalanche,
B2BinPay
v20
further
expands
blockchain
support
with
the
addition
of
Optimism,
Arbitrum,
and
Base,
all
providing
native
support
for
stablecoins.

Optimism

Optimism
operates
as
a
Layer
2
solution,
enhancing
the
scalability
of
the
Ethereum
main
network
by
consolidating
transactions.
It
retrieves
transaction
data
from
the
Ethereum
blockchain,
processes
it
collectively,
and
then
submits
it
back
to
the
Ethereum
mainnet
for
validation.
This
process
significantly
reduces
fees,
lowering
them
ten
times
to
Ethereum’s
base
level.
Since
its
inception
in
2021,
Optimism
has
saved
users
more
than
$1
Billion
in
gas
payments,
establishing
itself
as
one
of
the
most
cost-effective
blockchains
available.

Arbitrum

Arbitrum
is
an
Ethereum
scaling
solution
that
facilitates
higher
transaction
volumes
at
lower
costs.
Developers
may
swiftly
and
safely
deploy
DApps
on
Arbitrum
thanks
to
its
use
of
Ethereum’s
tools.
 This
integration
supports
stablecoins,
providing
more
options
for
users.

Base

Base,
developed
by
Coinbase,
utilizes
Optimism’s
OP
Stack
for
enhanced
EVM
compatibility.
This
open-source
rollup
supports
stablecoins
and
simplifies
code
deployment
across
Ethereum
and
compatible
blockchains.

Why
Does
Expanded
Blockchain
Support
Matter
for
Clients?

By
expanding
the
number
of
blockchains
that
B2BinPay
offers,
you
can
match
the
appropriate
technology
to
your
business
needs
and
increase
your
transaction
options.
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.

Here
are
some
examples
of
how
you
might
profit
from
the
blockchain
expansion.

Streamlining
Withdrawals
for
End-Users

In
case
your
end-user
requires
withdrawal
in
a
currency
that
is
not
immediately
available,
B2BinPay
enables
you
to
swiftly
convert
assets
to
the
needed
currency
and
address
any
associated
transaction
costs.
This
guarantees
that
you
can
successfully
satisfy
the
withdrawal
requests
of
your
end-user.

Reducing
Blockchain
Transaction
Fees

B2BinPay
lets
you
combine
USDT
across
various
blockchains,
like
Optimism
or
Ethereum,
into
a
single
swap
wallet,
which
is
a
useful
solution
if
you
want
to
reduce
the
cost
of
USDT
transactions.
From
there,
clients
are
able
to
withdraw
using
any
available
blockchain,
reducing
costs. 

Ensuring
Liquidity
for
Trading
Platforms

If
you
have
significant
cryptocurrency
funds
and
face
urgent
needs,
such
as
stopouts
on
trading
platforms,
you
can
rely
on
B2BinPay’s
extensive
blockchain
support
for
the
rapid
conversion
of
assets
into
the
currency
needed
for
deposit.
You
can
respond
quickly
to
market
needs
and
keep
liquidity
with
the
support
of
this
functionality.

Final
Remarks

B2BinPay
is
planning
to
introduce
Algorand
and
Solana
in
the
next
release.
This
expansion
will
increase
the
total
number
of
blockchains
supporting
stablecoin
transactions
to
ten,
including
the
currently
supported
networks:
Tron,
Ethereum,
Binance
Smart
Chain,
Avalanche,
Polygon,
Optimism,
Arbitrum,
and
Base.

Stay
connected
with
B2BinPay
and
utilize
modern
blockchain
payment
processing
solutions
to
optimize
your
company’s
potential!