YZi Labs leads a $50 million financing round for the programmable payment network Better Payment Network (BPN)

ChainCatcher news, YZi Labs announced the lead investment in Better Payment Network (BPN) with a financing round of $50 million. BPN is a programmable payment network designed for the multi-stablecoin era.

This investment aligns with YZi Labs' philosophy of supporting the next generation of global financial infrastructure—placing stablecoins at the core, natively built on high-performance chains, and adopting a hybrid (CeDeFi) architecture to balance efficiency, programmability, and compliance. Traditional fintech platforms rely on capital-intensive pre-funding models, forcing trillions of dollars to remain idle in local accounts to maintain payment liquidity. BPN's CeDeFi dual-track system addresses this issue by enabling real-time minting, exchanging, and burning of stablecoins across jurisdictions, thereby unlocking locked funds.

BPN is natively built on BNB Chain, aiming to provide instant, low-cost, and compliant cross-border settlements, with a settlement time of 3-4 hours, compared to 1-2 days for traditional methods, and an average cost of about 30 basis points, significantly lower than the approximately 2% of traditional forex channels.