To give stablecoin payments practical use, Singapore-based digital payments company dtcpay has teamed up with BNB Chain, the biggest smart contract blockchain in the world based on daily transactions. The goal of this partnership is to increase Web3 payments’ usability, affordability, and accessibility for both customers and companies.
Increasing the Payment Options for Stablecoin
Businesses can now accept stablecoin payments like USDT and USDC via the BNB Smart Chain (BSC) and opBNB networks thanks to Dtcpay’s integration with BNB Chain. Users now have more options to pay with stablecoins and take advantage of less transaction costs than with other blockchain networks.
Cutting Expenses and Improving Accessibility
By providing customers with reduced gas rates in comparison to typical blockchain networks, the alliance aims to minimize transaction fees. Businesses can more easily accept stablecoin payments by integrating BNB Chain into dtcpay’s platform, which helps close the gap between Web3 technologies and traditional banking.
Growing Business Adoption of Blockchain
The partnership between dtcpay and BNB Chain provides businesses with an effective and economical payment option because to its scalability, speed, and low transaction costs. DTCpay is improving accessibility for both merchants and customers globally by leveraging BNB Chain’s extensive merchant ecosystem, which includes the Capella Hotel Group and more than 35,000 locations in Singapore.
Facilitating the Adoption of Web3
Businesses will be able to send and receive payments in stablecoins like USDT and USDC across several blockchain networks thanks to the integration, which will make using stablecoins easier. Andy Sze Toh, Head of Payments at Dtpcay, stressed that this will simplify stablecoin payments for companies without the hassles that come with digital assets.
Developing Global Payment Connectivity for the Future
The goal of this partnership between dtcpay and BNB Chain is to hasten the general uptake of stablecoins and blockchain technology. They’re pushing the limits of Web3 integration and expanding real-world use cases by giving companies a more economical and effective way to accept stablecoin payments.
This collaboration positions dtcpay and BNB Chain as pioneers in the push for a future in which digital assets are incorporated into everyday trade, reaffirming their dedication to developing blockchain technology. This partnership opens the door for stablecoins to become more widely used, accessible, and useful as blockchain adoption increases globally.
