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- YZi Labs backs BPN with $50M to enhance stablecoin payments.
- BPN plans to cut cross-border costs and settlement time drastically.
- The partnership targets emerging markets with scalable liquidity systems.
YZi Labs has taken the lead in a $50 million seed round for Better Payment Network, a stablecoin payment company building infrastructure for faster and cheaper cross-border transactions. The company, previously known as Binance Labs, added that the investment will help BPN enhance its on-chain liquidity and market-making capabilities in emerging markets.
BPN is based on BNB Chain and incorporates both centralized and decentralized finance to enable real-time minting, swapping, and settlement of fiat-backed stablecoins. The company stated that it aims to reduce the settlement time from two days to a few hours, as well as the transaction fees by approximately 2 to 0.3 points.
Dana H., an Investment Partner at YZi Labs, notes that the model developed by BPN creates a non-disruptive and smooth payment ecosystem that can outperform any Web2-based system, as well as fragmented Web3-based alternatives. Rica Fu, the founder of BPN, has mentioned that the multi-stablecoin liquidity model is used in the company and can facilitate a more inclusive process compared to the USD-dominated systems.
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Expanding Access to Stablecoin-Based Payments
The new capital will enable BPN to consolidate its liquidity network and develop systems that increase the availability of stablecoins in areas with limited banking infrastructure. It will also enhance liquidity depth, enabling stablecoin-to-stablecoin trades to settle efficiently during liquidity volatility.
Additionally, the support of YZi Labs enables BPN to receive strategic advice and maintain a strong reputation as it navigates regulatory and operational challenges. The collaboration is likely to drive the uptake of hybrid payment mechanisms that combine on-chain transparency with the stability of centralized finance.
It is not, however, clear whether other investors participated in the round or what valuation BPN achieved. YZi Labs did not provide any additional information as to the deal structure.
The investment highlights an increased emphasis on constructing efficient, low-cost payment networks in emerging markets, where cross-border transactions are still slow and expensive. BPN’s expansion could mark a significant step toward broader stablecoin integration in global payments.
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