dtcpay joins BNB Chain to enable real-world utility for Stablecoin Payments

By Gloria Mathias

Singapore’s dtcpay has partnered with BNB Chain, a community-driven blockchain ecosystem, to accelerate the real-world utility of stablecoins.

This collaboration seeks to make Web3 payments more accessible, cost-effective, and seamless for both businesses and consumers.

Through this integration, dtcpay will enable businesses and merchants to accept payments via the BNB Chain network, opening up new opportunities for users to pay with stablecoins like USDT and USDC on BNB Smart Chain (BSC) and opBNB. Additionally, dtcpay is focused on reducing transaction costs by providing lower gas fees for users compared to other blockchain networks. By integrating BNB Chain as a payment network on dtcpay’s payment platform, the collaboration will increase the feasibility of businesses and merchants accepting stablecoin payments in the real world, helping bridge the gap between traditional finance and Web3 technologies.

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. This opens up a new world of possibilities for businesses to access a broader, global customer base.

“With dtcpay’s payment solutions, businesses can now seamlessly send and accept payments in stablecoins like USDT and USDC not only on Ethereum, Tron or Polygon but on BNB Chain, allowing for easy off-ramping and conversion of stablecoins to fiat currencies. By integrating BNB Chain in our payment solutions, dtcpay empowers businesses to accept stablecoin payments without the complications that traditionally come with dealing in digital assets,” shared Andy Sze Toh, Head of Payments, dtcpay.

Sarah S, Head of Business Development at BNB Chain, said, “We are thrilled to collaborate with dtcpay to simplify and expand the use of stablecoins, integrating crypto into daily life and advancing BNB Chain’s goal of driving widespread Web3 adoption.”

The collaboration between dtcpay and BNB Chain aligns with both companies’ broader vision of fostering 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 that mission by offering a faster, more affordable way for companies and users to interact with blockchain technology.