YZi Labs leads a $50 million financing round for Better Payment Network to build the next-generation global stablecoin payment network

Source: Better Payment Network

Global leading technology investment firm YZi Labs today announced that it has led a new round of financing totaling $50 million for Better Payment Network (BPN). BPN is natively built on the BNB Chain and aims to become the core infrastructure for cross-border settlement in the era of multiple stablecoins. Through a unified underlying protocol, it provides the market with a new payment channel that is low-cost, highly efficient, and fully compliant.

Unlike traditional models that rely on high prepayment funds, BPN has constructed a dual-track architecture that combines centralized finance (CeFi) and decentralized finance (DeFi), enabling real-time minting, exchange, and destruction of stablecoins across different currencies and jurisdictions. This innovative mechanism significantly releases reserves that are tied up in local accounts, reducing the cross-border settlement cycle from 1-2 days to 3-4 hours, and compressing costs to about 30 basis points, with time and fees only one-tenth of traditional models.

BPN adopts a compliant structure that requires KYC/KYB, serving large enterprises and financial institutions. It has currently established multiple non-USD payment channels, including BBRL (Brazilian Real stablecoin), cNGN (Nigerian Naira stablecoin), MEXAS (Mexican Peso stablecoin), and EURI (Euro stablecoin). Currently, several cross-border merchants have gradually adopted BPN as an important tool for daily collections, currency exchange, and settlement in emerging markets.

BPN's next step is to move towards openness. It is building a permissionless on-chain foreign exchange market, expected to officially launch by the end of this year. At that time, users will be able to directly exchange stablecoins, participate in liquidity mining, and earn returns without identity restrictions. This DeFi module plans to initially include over 20 regional stablecoins from regions such as Latin America, Africa, and Asia, truly opening the door to borderless capital flows.

"Compared to a dollar-centric system, a cross-border payment system based on multiple stablecoins is more inclusive and efficient, allowing global enterprises and institutions to achieve truly seamless cross-border settlements regardless of their location," said BPN founder Rica Fu. "The birth of BPN stems from a simple belief— the future of cross-border payments should be borderless. Our mission is to bring together stablecoin issuers, merchants, and financial institutions, unifying the usage standards of stablecoins in cross-border scenarios, making stablecoins the universal language of global trust and value settlement."

"We have been observing the stablecoin payment field for a long time. The solution provided by the BPN team combines instant settlement, extremely low costs, and on-chain scalability, with the potential to lead a new paradigm in cross-border payments. The team has both Web2 experience and Web3 innovation, with innovative products, rich customer channel resources, and a clear market promotion path that integrates CeFi and DeFi. We look forward to seeing that the value of blockchain lies not in the narrative, but in creating quantifiable value in the real world, and the BPN team is a practitioner of this concept."

------ YZi Labs Investment Partner Dana Hou

The funds raised in this round for BPN will focus on building initial on-chain liquidity pools for multiple stablecoin pairs and establishing early liquidity provision mechanisms, continuously maintaining the stability of on-chain exchange rates and the efficiency of transaction execution through a combination of dynamic rebalancing and arbitrage strategies.

About YZi Labs

YZi Labs manages over $10 billion in global assets, emphasizing an "impact-first" investment philosophy, believing that innovations with genuine social value will bring sustainable long-term returns.

Its investment areas cover cutting-edge sectors such as Web3, artificial intelligence, and biotechnology, having invested in over 300 projects across six continents and 25 countries, with more than 65 companies having undergone its incubation and growth programs.

For more information, please follow YZi Labs' official X (formerly Twitter) account.

About Better Payment Network (BPN)

Better Payment Network (BPN) is a global payment network built natively on the BNB Chain, enabling instant cross-border settlements for enterprises, payment institutions, and financial institutions through a unified liquidity layer that connects G7 and emerging markets. Supported by investments from YZi Labs, BPN is dedicated to connecting CeFi and DeFi with a compliant and scalable architecture, creating an efficient and trustworthy global payment network infrastructure.