Binance Co-Founder Changpeng Zhao (CZ) YZi Labs has emerged as a leading architect of next-generation financial infrastructure through a disciplined, thesis-driven approach to investment. And now, Better Payment Network (BPN), is led by YZi Labs in a $50 million funding round.
$50M Round in Better Payment Network
Supporting the next generation of global financial infrastructure, systems based on high-performance chains, with stablecoins at their core, and utilising hybrid (CeDeFi) architectures to strike a balance between efficiency, programmability, and regulatory alignment, is in line with YZi Labs’ thesis.
In order to ensure payment liquidity, traditional fintech platforms require capital-intensive pre-funding processes, which result in billions of dollars sitting idle in local accounts.
By facilitating real-time stablecoin minting, trading, and burning across jurisdictions, BPN’s CeDeFi dual-rail solution unlocks that trapped money.
Natively built on the BNB Chain, BPN seeks to provide quick, affordable, and legal cross-border settlements that finish in 3–4 hours as opposed to 1-2 days, with an average cost of 30 basis points as opposed to about 2% through traditional FX channels.
What does it bring to the table?
BPN’s CeFi concept facilitates regulated, KYC/KYB-compliant financial transfers via fiat gateways for businesses and licensed payment institutions.
Brazilian real stablecoin (BBRL), Nigerian naira stablecoin (cNGN), Mexican peso stablecoin (MEXAS), and euro stablecoin (EURI) are just a few of the main non-USD corridors where it has enabled real-time conversions.
International consumers have already benefited from BPN’s quicker and less expensive transfer cycles. A permissionless on-chain foreign exchange market is also made available by the DeFi architecture, enabling users to farm liquidity, trade stablecoins, and generate income without being constrained by KYC.
Where will the funding be used?
A completely borderless, programmable capital flow will be made possible by the DeFi model, which is expected to be deployed by year’s end and support up to 20 regional stablecoins across Asia, Africa, and Latin America.
The primary goals of the recently raised money are to create an early market-making environment and the first on-chain liquidity pools for stablecoin-to-stablecoin corridors.
Statement from key stakeholders
“This multi-stablecoin liquidity model offers a more inclusive and efficient alternative to USD-centric payment systems, enabling seamless cross-border settlements for enterprises and institutions worldwide,” said Rica Fu, Founder of Better Payment Network.
“As an investor, I believe Better Payment Network (BPN) is a true game-changer for cross-border payments, delivering instant settlement with significant cost savings and rapid processing. Built natively on BNB Chain, BPN creates a seamless, scalable, and efficient payment ecosystem that has the potential to outperform both traditional Web2 players and fragmented Web3 solutions,” said Dana H., Investment Partner at YZi Labs.
Through active rebalancing and arbitrage tactics, this foundation will support the maintenance of fair and effective on-chain FX rates, aiming to guarantee consistent pricing and dependable execution for corporate customers throughout developing economies.
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