BenPay is built on the high-performance BenFen public chain. By aggregating stablecoin liquidity, connecting cross-chain asset transfers, integrating various payment methods, and facilitating DeFi scenarios, it creates a one-stop on-chain multi-currency stablecoin financial platform for global users and merchants.

BenPay aims to provide users with secure, efficient, and convenient payment, transaction, lending, and asset management services. As a bridge connecting the Web3 and Web2 worlds, BenPay supports on-chain cryptocurrency operations and integrates them into daily consumption scenarios through innovative payment cards and merchant services, promoting the widespread adoption of blockchain technology.

BenPay Core Functions:

Payment and Consumption (BenPay Card)

BenPay Card is committed to building a bridge between the Web3 and Web2 worlds, providing a revolutionary payment solution that seamlessly integrates cryptocurrency into our daily consumption in a compliant manner. It eliminates legal and regulatory barriers that may be encountered when using cryptocurrency and provides users with a convenient and secure payment experience.

With the BenPay Card, users can freely use encrypted digital currencies to make payments worldwide without worrying about price fluctuations or currency exchange inconvenience. Especially BUSD, a stablecoin issued by BenPay with a 1:1 peg to the US dollar, supports recharging BUSD into the BenPay Card and making payments in US dollars in Web2 scenarios.

BenPay Card offers a versatile payment solution that supports USDT and USDC deposits, catering to a wide range of payment scenarios. To further simplify the user experience, BenPay Card is unified as a USD-denominated card, focusing on providing users with a convenient and secure global payment service. Whether for everyday purchases, mainstream subscriptions, or cross-border transactions, BenPay Card ensures users can easily make payments anywhere in the world.

Decentralized Exchange (DEX)

BenPay DEX: A natively integrated decentralized exchange within the ecosystem, employing a concentrated liquidity (CLAMM) model to enhance capital efficiency. It supports instant swaps for BUSD, BFC, and other mainstream crypto assets.

Low Gas Fees: The BenFen chain natively supports using stablecoins like BUSD to pay for gas fees, significantly reducing user transaction costs.

Red Envelopes & Social Payments

On-Chain Red Envelopes: Supports various formats such as plain and password-protected red envelopes. Users can send them using BUSD or BFC to enrich the Web3 social experience.

Instant Transfers: Enables fast, low-cost cryptocurrency transfers between users, with support for cross-chain asset interoperability.

BenFi (Decentralized Lending)

Deposit & Earn: Users can deposit stablecoins like BUSD to earn market-leading, fixed-rate interest.

Collateralized Loans: Users can collateralize mainstream assets such as BTC to borrow BUSD, fulfilling their liquidity needs.

BenPay Stake (Equity Staking)

Through this feature, users can stake BenFen's native token BFC or BUSD to participate in network security, receive staking rewards, and exercise governance rights in the BenFen DAO.

Merchant Services

Global Payments: Provides both Crypto and Fiat payment solutions for online and offline merchants, supporting multi-currency real-time settlement and refunds.

API Integration: Merchants can seamlessly integrate BenPay's payment functionality into their applications or websites via standardized APIs.

BenPay Vision

BenPay is committed to building an open, secure, and efficient comprehensive payment ecosystem worldwide, providing users with a convenient and safe way to make cryptocurrency payments. By integrating diverse functions such as direct cryptocurrency payments, seamless exchanges between digital currencies and fiat currencies, on-chain guaranteed payments, pledge lending, and on-chain red envelope transfers, BenPay aims to meet the needs of global users in various payment scenarios.

BenPay has expanded its payment options for users, offering˝ a highly integrated payment solution. Whether it's fiat currency, purchasing stablecoins like BUSD, instant transfers between users, merchant payment solutions, or refund services, BenPay can provide support on its one-stop platform. This significantly enhances the efficiency and convenience of the payment process, marking the arrival of a new era between cryptocurrency payments and traditional payment mechanisms. In the BenPay app, users can also send red envelopes and transfer money to each other through the chain.

This innovative feature provides Web3 users with a social interaction method similar to WeChat. Through BenPay, we are not only providing a payment instrument but also creating a seamless, efficient, and secure payment experience for global users, promoting the widespread application of cryptocurrency in daily life.

BenPay will become an irreplaceably important application in the PayFi field, representing the future of a more open and inclusive world financial system.

Introductory Guide