YZi Labs reports that it is leading a $50 million round in Better Payment Network (BPN), which is described as a programmable payment network built for the multi-stablecoin era. The investment reportedly aligns with YZi Labs’ thesis of backing global financial infrastructure – systems that place stablecoins at the core, are built on “high-performance” chains, and adopt hybrid (CeDeFi) architectures with the aim to balance efficiency, programmability, as well as regulatory alignment.
Traditional fintechs tend to depend on more capital-intensive pre-funding models, forcing trillions to basically sit idle in domestic accounts only to maintain payment liquidity.
BPN’s CeDeFi dual-rail system addresses this by allowing for real-time stablecoin minting, swapping, and burning across jurisdictions.
Built on BNB Chain, BPN aims to deliver “instant, low-cost, and compliant cross-border settlements” at an average cost of “30 bps versus roughly 2% through conventional FX channels.”
BPN’s model serves enterprises and payment institutions, enabling KYC/KYB-compliant fund transfers via fiat gateways. It has supported real-time conversions across various non-USD corridors, such as BBRL (Brazilian Real Stablecoin), MEXAS (Mexican Peso Stablecoin), and EURI (Euro Stablecoin).
As explained in the announcement, the DeFi model opens a permissionless on-chain FX market, enabling clients “to farm liquidity, swap stablecoins, and earn yield without KYC restrictions.”
Set to launch by year-end, the DeFi model will support up to “20 regional stablecoins.”
The funds will be used to establish initial on-chain liquidity pools for stablecoin-to-stablecoin corridors and to develop an early market-making ecosystem. This foundation should help maintain “fair and efficient” on-chain FX rates via active rebalancing and arbitrage strategies — seeking “to ensure consistent pricing and reliable execution for enterprise users across emerging markets.”
YZi Labs manages over $10 billion in assets globally. Their investment philosophy emphasizes “impact first—we believe that meaningful returns will naturally follow.”
They invest in ventures at every stage, “prioritizing those with solid fundamentals in Web3, AI, and biotech.”
YZi Labs’ portfolio covers various projects from over 25 nations across six continents.
Over 65 of YZi Labs’ portfolio firms have reportedly gone through their incubation programs.
As stated in the update, Better Payment Network (BPN) is a payment network built natively on BNB Chain, supporting money movement via integrated multi-stablecoin liquidity.
It unifies stablecoin liquidity across G7 and emerging markets, allowing for instant, borderless settlement for enterprises, payment service providers, as well as financial institutions.
Backed by YZi Labs and enabled by BNB Chain, BPN reportedly bridges centralized and DeFi to create a “compliant, scalable, and efficient global payment network.”