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Cryptocurrency News Articles

dtcpay Partners With BNB Chain to Expand Stablecoin Payments in Southeast Asia

Jan 22, 2025 at 02:50 pm

Singapore-based digital payments platform dtcpay has teamed up with BNB Chain, the community-driven blockchain ecosystem that includes the world's largest

dtcpay Partners With BNB Chain to Expand Stablecoin Payments in Southeast Asia

Singapore-based digital payments platform dtcpay has joined forces with BNB Chain, the community-driven blockchain ecosystem that houses the world’s largest smart contract blockchain by daily transactions, to bolster the real-world application of stable coins.

This collaboration marks a pivotal step in making Web3 payments more accessible, cost-effective and seamless for both businesses and consumers, according to a statement by dtcpay on Wednesday.

Through this integration, dtcpay will enable businesses and merchants to accept payments via the BNB Chain network, opening up new avenues for users to pay with stable coins such as USDT and USDC on BNB Smart Chain (BSC) and opBNB.

Furthermore, dtcpay aims to reduce transaction costs by offering lower gas fees for users compared to other blockchain networks.

By integrating BNB Chain as a payment network on dtcpay’s payment platform, this collaboration will enhance the viability of businesses and merchants accepting stablecoin payments in the real world, bridging the gap between traditional finance and Web3 technologies.

This collaboration is significant for both the blockchain and payments industries, as it aligns with the broader goal of both dtcpay and BNB Chain to drive greater adoption of blockchain technology and stable coins 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 stable coin payments into their operations.

This collaboration with BNB Chain accelerates that mission by offering a faster, 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 the real-world use cases for stable coins.

From small businesses to large enterprises, the integration of BNB Chain into dtcpay’s payment ecosystem gives companies the flexibility to choose the blockchain network that best fits their needs.

Whether it’s reducing transaction costs or tapping into the global potential of blockchain technology, this collaboration also offers a future-proof solution that pushes the boundaries of what’s possible with stable coin payments.

Beyond a technical upgrade, this integration marks a significant leap forward in the real-world utility of stable coins.

By embracing BNB Chain, dtcpay helps to further legitimize stable coins as a mainstream payment method and supports businesses in adopting blockchain technologies with ease.

As global awareness and adoption of blockchain technologies continue to rise, this collaboration places dtcpay and BNB Chain at the forefront of enabling global payment connectivity, demonstrating that digital assets can be accessible, practical, and usable in everyday commerce, the statement said.

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