Singapore-based digital payments platform com. dtcpay Have cooperated with BNP Seriesa community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain through daily transactions, to accelerate the true utility of stablecoins.
Dtcpay said in a statement on Wednesday that this collaboration represents an important step in making Web3 payments easier, cost-effective and seamless for both businesses and consumers.
Through this integration, dtcpay will enable businesses and merchants to accept payments across the BNB Chain network, opening new opportunities for users to pay with stablecoins such as USDT and USDC on BNB Smart Chain (BSC) and opBNB.
In addition, dtcpay focuses on reducing transaction costs by providing lower gas fees to users compared to other blockchain networks.
By integrating BNB Chain as a payment network on the dtcpay payment platform, the collaboration will increase the viability of businesses and merchants accepting stablecoin payments in the real world, helping to bridge the gap between traditional finance and Web3 technologies.
The collaboration between dtcpay and BNB Chain represents a game-changing development for both the blockchain and payments industries.
BNB Chain has become one of the most widely adopted blockchain networks due to its scalability, speed, and low transaction fees, making it a great fit for businesses looking to integrate stablecoin payments without the hurdles of high gas fees or slow transaction times.
By including BNB Chain as a payment network, dtcpay provides merchants and customers with a more efficient and cost-effective way to process stablecoin payments, opening a new world of possibilities for businesses to reach a broader global customer base.
BNB Chain will be able to leverage dtcpay’s merchant ecosystem which includes a wide range of retailers, such as Capella Hotel Group, and over 35,000 locations in Singapore via the NETS SGQR+ unified QR code system.
“Thanks to dtcpay’s payment solutions, businesses can now seamlessly send and accept payments in stablecoins such as USDT and USDC not only on Ethereum, Tron or Polygon, but also on the BNB Chain, allowing for easy conversion of stablecoins into fiat currencies.
“By integrating BNB Chain into our payment solutions, dtcpay is enabling businesses to accept stable currency payments without the complexities that traditionally come with transacting in digital assets,” said Andy Sze Toh, Head of Payments at dtcpay.
Meanwhile, Sarah S., Head of Business Development at BNB Chain, said that the collaboration with dtcpay will simplify and expand the use of stablecoins, integrate cryptocurrencies into daily life and advance BNB Chain’s goal of driving widespread Web3 adoption.
The collaboration between dtcpay and BNB Chain is in line with the broader vision of both companies to foster greater adoption of blockchain technology and stablecoins in real-world applications.
Dtcpay aims to break down the barriers between traditional financial services and Web3 finance, making it easier for businesses to integrate stablecoin payments into their operations.
This collaboration with BNB Chain accelerates this mission by offering a faster and more affordable way for businesses and users to interact with blockchain technology.
The ability to pay via BNB Chain also represents another step forward in expanding real-world use cases for stablecoins.
From small businesses to large enterprises, integrating BNB Chain into dtcpay’s payment ecosystem gives businesses the flexibility to choose the blockchain network that best suits their needs.
Whether it is reducing transaction costs or harnessing the global potential of blockchain technology, this collaboration also offers a future-proof solution that pushes the boundaries of what is possible through stablecoin payments.
Beyond the technical upgrade, this integration represents a major leap forward in the real-world utility of stablecoins.
By embracing BNB Chain, dtcpay helps legitimize stablecoins as a major payment method and supports businesses in adopting blockchain technologies easily.
As global awareness and adoption of blockchain technologies continues to rise, this collaboration puts dtcpay and BNB Chain at the forefront of enabling global payment connectivity, demonstrating that digital assets are accessible, practical and usable in everyday commerce, the statement said.
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