B2C2 Launches PENNY, Offering Instant, Zero-Fee Stablecoin Swaps for Institutions

Institutional crypto liquidity provider B2C2 has unveiled PENNY, a new platform designed to enable instant, zero-fee swaps between major stablecoins, responding to growing demand for frictionless liquidity tools. The announcement was made in a press release Thursday.

The launch comes as stablecoins increasingly move beyond traditional crypto trading, finding applications in payments, banking, and settlement systems.

PENNY currently supports six stablecoins — USDT, USDC, USDG, RLUSD, PYUSD, and AUSD — across Ethereum, Tron, Solana, and several Layer 2 networks. B2C2 plans to add additional assets regularly.

The platform allows institutions — including banks, merchant acquirers, exchanges, and stablecoin infrastructure firms — to swap tokens automatically without fees or counterparty risk. All swaps settle on-chain via B2C2’s institutional-grade trading infrastructure, which processes roughly $1 billion in daily stablecoin volume.

“Stablecoins have outgrown the crypto trading use case,” said Thomas Restout, B2C2 Group CEO. “As traditional financial institutions and corporates increasingly adopt stablecoin payment rails, PENNY provides infrastructure for real-time execution and settlement without the friction, high costs, or risks of fragmented networks.”

The launch comes amid accelerating regulatory clarity across the U.S., EU, and Asia, spurring adoption of regulated stablecoins and encouraging issuers, including banks and fintechs, to enter the market.

“PENNY is an instant, costless facility designed for the real economy,” said B2C2 U.S. CEO Cactus Raazi. “It represents a major evolution in market structure and a significant step forward for the stablecoin ecosystem.”

According to Citi, the global stablecoin market could expand from roughly $300 billion in 2025 to $4 trillion by 2030.

Founded in 2015, B2C2 is one of the earliest and largest institutional liquidity providers in crypto, facilitating over $2 trillion in trading volume across 15 blockchains and operating regulated entities across the Americas, Europe, and Asia-Pacific.