YZi Labs Leads $50M Seed Round for Stablecoin Payments Firm BPN

YZi Labs, the venture arm formerly associated with Binance, has spearheaded a $50 million seed investment in Better Payment Network (BPN), a startup focused on revolutionizing cross-border payments through stablecoins. The funding round ranks among the largest early-stage deals in the payments sector this year, underscoring growing confidence in hybrid CeDeFi solutions for emerging markets.

BPN will deploy the capital to develop onchain liquidity pools and expand infrastructure for stablecoin transactions. Built on BNB Chain, the company's system combines traditional finance compliance with DeFi automation to enable real-time minting, swapping, and settlement of fiat-backed stablecoins across jurisdictions. This approach aims to reduce cross-border settlement times from days to hours while eliminating the need for pre-funded accounts that tie up capital.

The startup plans to launch a decentralized foreign exchange market supporting up to 20 regional stablecoins, addressing longstanding inefficiencies in international payments. By replacing legacy systems with real-time stablecoin issuance, BPN's model could unlock significant value trapped in traditional payment rails.