B2BINPAY Integrates TON to Enhance Crypto Payment Options for Businesses
B2BINPAY Welcomes The Open Network (TON)
In a significant shift within the cryptocurrency landscape, B2BINPAY, a leading all-in-one crypto ecosystem, has announced its integration with The Open Network (TON), a fast-evolving blockchain. This integration allows businesses to accept payments in Toncoin (TON) and USDT-TON, thus expanding the variety of cryptocurrencies available for transactions. With a market cap presently valued at $12 billion, TON boasts impressive statistics, including over 35.67 million activated wallets and around 5 million weekly active users. This integration demonstrates B2BINPAY's dedication to providing scalable and affordable payment solutions.
Expanding Payment Options
B2BINPAY already facilitates transactions in USDC and USDT across various blockchains, and with the addition of TON, it enhances the framework of payment possibilities for its partners. The Open Network is renowned for its cutting-edge technology that processes an astounding average of 104,715 transactions per second, while keeping transaction fees around 0.004232 TON, equating to approximately $0.024 USD. This combination of speed and cost-effectiveness underlines the appeal of TON as a solution for businesses in today's fast-paced digital economy.
Scalability and Efficiency of TON
The innovative architecture of TON employs sharding, allowing for near-limitless scalability. In practice, this means businesses can smoothly manage a growing number of transactions, essential as more customers demand cryptocurrency options for their purchases. B2BINPAY’s integration of TON is timely; as the global economy increasingly shifts towards digital currencies, having a reliable payment processing option is crucial for success.
Moreover, The Open Network is not just a payment platform; it offers a suite of features, including TON DNS for easier blockchain access through user-friendly names, TON Proxy for secure transactions, and TON Storage for decentralized data management. These elements collectively enhance the utility of TON, enabling businesses to utilize it not merely for transactions but as a comprehensive solution for decentralized services.
Comments from B2BINPAY Leadership
Vitaliy Shtyrkin, the Chief Product Officer at B2BINPAY, expressed enthusiasm about this integration, stating, "The integration of TON reflects our commitment to maintaining a position at the forefront of blockchain innovation. By adopting TON, which is now recognized under the Abu Dhabi Global Market Distributed Ledger Technology framework, businesses leveraging B2BINPAY can explore the full potential of its capabilities, facilitating growth amid the dynamic landscape of cryptocurrency."
B2BINPAY: A Leader in Crypto Payments
As a dominant player in Europe’s crypto space, B2BINPAY has positioned itself as a comprehensive platform for businesses seeking to incorporate digital currencies into their operations smoothly. With over 800 partnering merchants and an estimated influx of transactions worth more than $3.5 billion, B2BINPAY is dedicated to offering a trustworthy ecosystem that aligns with European regulations in the cryptocurrency domain, adhering to standards such as KYC and KYT.
With this integration of TON, B2BINPAY not only affirms its commitment to innovation but also enhances its reputation as a forward-thinking entity in the cryptocurrency landscape, empowering businesses to embrace the future of payments actively. As cryptocurrencies continue to gain traction across the globe, this move positions B2BINPAY favorably to capitalize on evolving market demands and emerging opportunities.