Better Payment Network (BPN), a crypto payment platform built on BNB Chain, has successfully raised $50 million in a seed funding round led by YZi Labs (formerly Binance Labs). The investment will help BPN scale its regulated, instant stablecoin transfers across multiple jurisdictions at low fees.
Bridging CeFi and DeFi for Global Payments
BPN operates on a hybrid CeDeFi architecture, combining the efficiency of centralized systems with the transparency of decentralized networks. The platform allows users to make instant cross-border transfers using regional stablecoins, including:
- BBRL (Brazilian Real)
- cNGN (Nigerian Naira)
- MEXAS (Mexican Peso)
- EURI (Euro)
By leveraging blockchain technology, BPN reduces settlement times from 1–2 days to just 3–4 hours, while keeping transaction fees around 0.3%, significantly lower than traditional banking channels.
DeFi Expansion and On-Chain Liquidity
The BPN team plans to launch a DeFi segment later this year, creating an on-chain marketplace for stablecoin swaps without requiring KYC verification. The platform will initially support up to 20 assets from Latin America, Africa, and Asia.
Funds from the recent round will also be used to establish liquidity pools and attract market makers. This approach ensures fair exchange rates, price stability, and arbitrage-based balance across the network.
Strategic Growth in Regulated Crypto Finance
BPN’s approach positions the company as a bridge between regulated financial systems and innovative digital asset solutions, providing fast, compliant, and cost-efficient global payments.
YZi Labs’ investment underscores confidence in BPN’s potential to revolutionize cross-border stablecoin transfers and expand the adoption of CeDeFi solutions worldwide.
