BNB has officially become a payment method for customers of Amazon Web Services (AWS) through Better Payment Network.
What AWS is probably doesn't need much introduction. This is the largest cloud infrastructure in the world, serving startups, businesses, and fintech projects in both web2 and web3. Currently, there are many AI, blockchain, and SaaS projects running every day.
The fact that BNB can be used to pay for AWS services shows that $BNB is being introduced into the use case of 'spending real money' for real technology infrastructure, not just a transaction token within the crypto ecosystem.
Through Better Payment Network, customers can:
Use BNB to pay for AWS costs
No need to convert to fiat first
Reduce the difficulties in cash flow between crypto and web2 infrastructure
The point I find most noteworthy here is the positioning of BNB. Until now, many people still view BNB primarily from the perspective of a token for exchanges, mainly used within the ecosystem. However, recent moves show that BNB is being pushed towards the role of a payment asset.
Personally, I assess this as positive long-term news for BNB in terms of
expand use case
reinforce the narrative that 'BNB is a global utility token'
and most importantly can be used outside the crypto circle
Those who have followed BNB for a long time will surely understand: moves like this are often quiet but steady, not as noisy as memes or hot narratives, but they help the token survive through many cycles.
I will continue to update more if Better Payment Network expands to other larger services.