According to official news from Odaily Planet Daily, YZi Labs has announced that it has led a $50 million funding round for the Better Payment Network (BPN), a programmable payment network. BPN is committed to building a global settlement infrastructure for the multi-stablecoin era. Deployed natively on the BNB Chain, it utilizes a hybrid CeDeFi architecture to balance efficiency, programmability, and compliance.

Traditional fintech platforms rely on capital-intensive pre-funding models, leaving trillions of dollars idle in local accounts to maintain payment liquidity. BPN's CeDeFi dual-track system enables instant cross-jurisdictional settlement by minting, exchanging, and burning stablecoins in real time, freeing up locked-up funds.

Currently, BPN's CeFi model has provided services to enterprises and licensed payment institutions, supporting real-time exchange of major non-US dollar settlement channels (such as the Brazilian real stablecoin BBRL, the Nigerian naira stablecoin cNGN, the Mexican peso stablecoin MEXAS, and the euro stablecoin EURI); its DeFi model will be launched this year, and plans to support more than 20 regional stablecoins in Latin America, Africa and Asia, realizing truly borderless programmable capital flows.

The funds raised will be mainly used to provide an initial on-chain liquidity pool for the stablecoin exchange channel and establish a market-making ecosystem to ensure fair and efficient exchange rates and execution efficiency.

Rica Fu, founder of BPN, stated that the network aims to create an inclusive and efficient cross-border payment system, making stablecoins the unified standard for global trust and settlement. Dana H., venture partner at YZi Labs, commented that BPN, with its native on-chain design and intelligent market strategy, will promote the practical implementation of crypto payments and reshape the cross-border financial landscape.