B2BINPAY v21 Goes Live: Solana & Algorand Support, Enhanced Security, and Improved Client Features
Product Updates
At B2BROKER, we’re proud to introduce the latest version of our comprehensive crypto payment solution, B2BINPAY v21. This major update is designed to elevate your crypto business with expanded blockchain support, cutting-edge security features, and enhanced client tools.
B2BINPAY v21 offers new integrations and functionalities that make our platform even more efficient, secure, and cost-effective, delivering greater value for our clients.
Expanded Blockchain Support with Solana and Algorand
In B2BINPAY v21, we have expanded blockchain support to include two widely used networks: Solana and Algorand. These additions allow us to meet the growing needs of the crypto market.
Solana
Solana, introduced by Solana Labs in 2020, is a leading blockchain platform that uses the Proof-of-History consensus mechanism. This makes Solana one of the fastest blockchains, achieving an average of 1,504 transactions per second, significantly outpacing Ethereum by 46 times in speed.
- Market Cap: $61.8B
- 24-hour Trading Volume: $2.4B
Algorand
Founded by MIT professor Silvio Micali in 2019, Algorand brings innovation to blockchain technology through its Pure Proof of Stake (PPoS) mechanism. This platform improves transaction efficiency while maintaining decentralisation, making it an essential addition to B2BINPAY.
- Market Cap: $1.0B
- 24-hour Trading Volume: $23M
USDT & USDC Now on Solana and Algorand
Recognising the increased demand for efficient stablecoin transactions, B2BINPAY now supports USDT and USDC on both Solana and Algorand! These networks offer extremely low commission fees, allowing for cost-effective transactions. With this update, B2BINPAY now supports 9 networks for USDT and 10 for USDC.
Solana Stablecoin Transactions
Solana offers some of the lowest gas fees on the market due to its “Sealevel” parallel execution system. At just 0.000014 SOL ($0.00189) per transaction, sending stablecoins on Solana is nearly 900 times more affordable than on Ethereum.
- Solana-native USDT Supply: $1.8B
- Solana-native USDC Supply: $2.5B
Algorand Stablecoin Transactions
Algorand’s minimum fee stands at 0.001 ALGO ($0.0001) per transaction, making it a highly cost-efficient alternative to Ethereum, with fees 17,000 times cheaper.
- Algorand-native USDT Supply: $13.0M
- Algorand-native USDC Supply: $94.0M
These integrations with B2BINPAY help reduce transaction costs, giving our clients an economical solution compared to major blockchains like TRON and Ethereum.
Strengthened Security with TX Address Whitelisting
At B2BROKER, security is one of our top priorities, which is why B2BINPAY v21 introduces TX Address Whitelist functionality. This new feature enhances our already robust security framework, which includes two-factor authentication (2FA) and IP whitelisting, by protecting against viruses that alter destination addresses during copy-paste actions.
It also simplifies the transfer process to trusted addresses, bypassing unnecessary checks for transaction limits or user roles.
You can customise this feature as follows:
- Wallet Whitelist: A list of trusted addresses for a specific wallet.
- Blockchain Whitelist: A single list of trusted addresses across all wallets and currencies—ideal for businesses with multiple wallets.
Improved Role Management with Access List Tab
Managing user roles and wallet access has never been easier. With the new Access List Tab in B2BINPAY v21, businesses can easily manage wallet permissions, assign roles, and control access for all users linked to their organisation. This feature provides a clear view of all staff members and their roles, ensuring secure management of financial operations.
Enhanced Financial Control with Wallet Thresholds
Based on client feedback, B2BINPAY v21 now includes Wallet Thresholds. This feature allows businesses to set withdrawal limits, ensuring additional oversight for large transactions and preventing unauthorised activity. Three customisable settings provide different layers of control:
- Approval Request: Requires approval for transactions exceeding a set amount.
- Approval Request 2FA: Adds an extra layer of two-factor authentication for approvals.
- Max Sum of Payouts per Timeframe: Limits the total sum of withdrawals within a given period.
These settings ensure heightened security and flexibility, giving businesses full control over their financial operations.
Superior Support with Zendesk Integration
We know the importance of efficient communication and support. That’s why we’ve integrated Zendesk into B2BINPAY v21. This integration offers a client portal where businesses can access a comprehensive knowledge base and receive real-time assistance through a ticketing system, ensuring the smooth operation of the platform.
Conclusion
At B2BROKER, we are continuously evolving to meet the growing needs of the cryptocurrency industry. In B2BINPAY v20, we introduced support for Optimism, Arbitrum, and Base. Now, with B2BINPAY v21, our blockchain support has expanded even further, and our security and client management features have been significantly enhanced.
Stay connected for future innovations as we continue to deliver cutting-edge solutions tailored for your business.
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