YZi Labs leads investment in Better Payment Network (BPN), a programmable payment network, raising $50 million

BlockBeats News, October 16th, according to official sources, YZi Labs announced a lead investment in the Better Payment Network (BPN) with a $50 million funding round. BPN is a programmable payment network built for the era of multiple stablecoins. This investment aligns with YZi Labs' vision to support the next generation of global financial infrastructure—placing stablecoins at the core, natively built on a high-performance chain, and adopting a hybrid (CeDeFi) architecture to balance efficiency, programmability, and compliance.

Traditional fintech platforms rely on a capital-intensive pre-funding model, forcing trillions of dollars to sit idle in local accounts to maintain payment liquidity. BPN's CeDeFi dual-track system addresses this issue by enabling real-time minting, redemption, and burning of stablecoins across jurisdictions, unlocking trapped capital.

BPN is natively built on the 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 using traditional methods, with an average cost of around 30 basis points, significantly lower than the approximately 2% cost of traditional forex channels.