Better Payment Network (BPN), a programmable payment platform built for the multi-stablecoin era, has raised $50 million in a seed funding round led by YZi Labs, the venture capital arm of Binance co-founder Changpeng Zhao (CZ).
This investment underscores a strategic push to modernize global payment infrastructure by integrating stablecoins into both centralized and decentralized finance systems.
Traditional fintech platforms often rely on capital-intensive pre-funding models, forcing trillions of dollars to sit idle in local accounts just to maintain payment liquidity.
BPN’s CeDeFi dual-rail system addresses this by enabling real-time stablecoin minting, swapping, and burning across jurisdictions, thereby freeing up locked capital.
Built natively on BNB Chain, BPN aims to deliver instant, low-cost, and compliant cross-border settlements that complete in 3–4 hours instead of 1–2 days, at an average cost of 30 basis points versus roughly 2% through conventional FX channels.
The funds will primarily be used to establish initial on-chain liquidity pools for stablecoin-to-stablecoin corridors and to develop an early market-making ecosystem.
This foundation will help maintain fair and efficient on-chain FX rates through active rebalancing and arbitrage strategies, seeking to ensure consistent pricing and reliable execution for enterprise users across emerging markets.
BPN’s CeFi model serves enterprises and licensed payment institutions, enabling regulated, KYC/KYB-compliant fund transfers through fiat gateways.
It has supported real-time conversions across major non-USD corridors, including BBRL (Brazilian Real Stablecoin), cNGN (Nigerian Naira Stablecoin), MEXAS (Mexican Peso Stablecoin), and EURI (Euro Stablecoin), with international clients already benefiting from faster, cheaper transfer cycles of BPN.
In parallel, the DeFi model opens a permissionless on-chain FX market, allowing users 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 spanning Latin America, Africa, and Asia, enabling a truly borderless, programmable capital flow.
The funding marks one of the largest early-stage rounds in the payments sector this year and signals a major bet on CeDeFi (centralized-decentralized finance) infrastructure for emerging markets.