Better Payment Network (BPN) just secured $50 million in seed funding, led by YZi Labs (formerly Binance Labs), marking a major step in scaling blockchain-powered payments. The announcement came Thursday, with plans to build on-chain liquidity infrastructure and develop automated market-making systems on BNB Chain.
Revolutionizing Cross-Border Payments
BPN combines centralized and decentralized finance models, enabling real-time, fiat-backed stablecoin transactions. The platform facilitates minting, swapping, and settlement across multiple jurisdictions, creating a seamless, integrated payment ecosystem.
The company is targeting dramatic improvements in cross-border efficiency:
- Reducing settlement times from two days to just a few hours
- Cutting transaction costs from ~2% to 0.3%
Dana H., Investment Partner at YZi Labs, said BPN’s unified approach outperforms traditional Web2 payment systems while also improving on fragmented Web3 alternatives.
A Multi-Stablecoin Model for Inclusivity
Founder Rica Fu emphasized that BPN’s multi-stablecoin liquidity model provides a more inclusive alternative to USD-dominated systems. The platform supports various fiat-backed stablecoins, offering flexibility for global transactions rather than relying on a single currency.
Connecting CeFi and DeFi
BPN’s architecture bridges centralized finance rails with decentralized protocols, optimizing transaction routing. This hybrid model balances regulatory compliance with the efficiency benefits of blockchain settlement, giving users the best of both worlds.
Funding to Expand Global Liquidity
The $50 million will support the expansion of liquidity pools in emerging markets, where traditional payment infrastructure remains limited. BPN plans to establish local stablecoin pairs, providing financial access to regions underserved by conventional banking.
Details about other investors in the round remain unclear, as YZi Labs has not disclosed additional participants.
Why It Matters
Stablecoin adoption is accelerating globally as businesses seek faster, cheaper alternatives to legacy payment networks. Cross-border commerce increasingly relies on digital currencies to bypass traditional banking friction, and BPN is positioning itself as a scalable, efficient, and inclusive solution for the next generation of payments.
The Bottom Line:
With $50 million in backing from YZi Labs, BPN is poised to redefine cross-border payments on BNB Chain. By combining multi-stablecoin liquidity, hybrid DeFi/CeFi infrastructure, and rapid settlement times, the platform offers a next-gen alternative to outdated payment systems, empowering businesses and users around the world.
