TechFlow, October 16 — According to official announcements, YZi Labs has led a $50 million funding round for Better Payment Network (BPN), aiming to accelerate the development of multi-stablecoin payment infrastructure. The newly raised funds will primarily be used to establish stablecoin liquidity pools and develop an early market-making ecosystem.
BPN is a programmable payment network built on BNB Chain that enables the minting, exchange, and settlement of fiat-backed stablecoins through a unified layer, bridging centralized and decentralized finance. The network adopts a CeDeFi dual-track system, supporting real-time stablecoin minting, exchange, and redemption, reducing cross-border settlement time from the traditional 1–2 days to 3–4 hours and cutting average costs from approximately 2% to 30 basis points.
BPN’s centralized finance model serves enterprises and licensed payment institutions, already enabling real-time conversion for major non-dollar corridors including the Brazilian real-backed BBRL, Nigerian naira-backed cNGN, Mexican peso-backed MEXAS, and euro-backed EURI stablecoins. The decentralized finance model is scheduled for launch by year-end, supporting 20 regional stablecoins across Latin America, Africa, and Asia.
