YZi Labs, the venture arm formerly known as Binance Labs, has led a $50 million seed round in Better Payment Network (BPN), a startup aiming to modernize cross-border payments using stablecoins.
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.
The company, built on BNB Chain, integrates traditional financial compliance with DeFi automation to enable real-time minting, swapping, and settlement of fiat-backed stablecoins across different jurisdictions. BPN’s model seeks to solve a long-standing inefficiency in international payments. Traditional fintechs rely on pre-funding, holding large sums in local accounts just to ensure liquidity.
According to Thursday’s announcement, BPN will use the capital to build onchain liquidity pools and market-making systems to support stablecoin-to-stablecoin transactions.
Rica Fu, BPN’s founder, said the startup’s “multi-stablecoin liquidity model offers a more inclusive and efficient alternative to USD-centric payment systems.” The platform already facilitates transactions across corridors such as Brazil (BBRL), Nigeria (cNGN), Mexico (MEXAS), and the Eurozone (EURI), helping enterprises and licensed payment institutions complete compliant, KYC-aligned transfers.
The company claims transaction costs can drop from roughly 2% to 0.3%, creating a cheaper, faster, and more inclusive payment network.
