PANews reported on October 23rd that cryptocurrency market maker B2C2 launched its new platform, PENNY, on Thursday, enabling instant, zero-fee swaps between major stablecoins. Currently, PENNY supports six stablecoins on Ethereum, Tron, Solana, and multiple Layer 2 networks—USDT, USDC, USDG, RLUSD, PYUSD, and AUSD—with plans to add more assets regularly. B2C2 stated that PENNY allows users, including banks, merchant acquirers, exchanges, and stablecoin infrastructure companies, to automatically swap between tokens without fees or counterparty risk. These swaps are settled on-chain through B2C2's institutional trading infrastructure.