#YZiLabs Leads $50M Investment in #BNBChain Payment Platform


Better Payment Network has secured $50 million in seed funding led by YZi Labs, the venture capital firm formerly operating as Binance Labs. The #stablecoin payment company announced the round on Thursday, detailing plans to build on-chain liquidity infrastructure and develop automated market-making systems.


BPN operates on #BNBChain, combining centralized and decentralized finance models to enable real-time fiat-backed stablecoin transactions. The platform facilitates minting, swapping, and settlement across multiple jurisdictions through its integrated architecture.


The company targets dramatic improvements in cross-border payment efficiency. BPN aims to reduce settlement times from two days to several hours while cutting transaction costs from approximately 2% to 0.3%, according to a YZi Labs blog post.


Dana H., Investment Partner at YZi Labs, said BPN creates a scalable payment ecosystem capable of outperforming traditional Web2 systems and fragmented Web3 alternatives. The investment reflects confidence in BPN's unified approach to stablecoin infrastructure.


Founder Rica Fu emphasized that the company's multi-stablecoin #liquidity model provides a more inclusive alternative to USD-dominated payment systems. The platform supports various fiat-backed stablecoins rather than relying on a single currency denomination.

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October 16, 2025 at 11:44 AM
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