BNB Chain partners with BPN to build multi-stablecoin global payment network

Cross-border payments are about to undergo a major upgrade.

BNB Chain, one of the leading smart contract blockchains, is partnering with pioneering networks to make global transactions faster, cheaper, and more transparent.

A new era of global payments

In its latest announcement, BNB Chain revealed that it is partnering with Better Payment Network (BPN), a payment network built on BNB Chain, to build a multi-stablecoin global payments network for real-time payments.

With $50 million in support from YZi Labs, BPN is making it easier and faster to transfer funds using stablecoins. It combines traditional finance with decentralized finance (DeFi), allowing businesses to easily mint, exchange, and settle fiat-backed stablecoins.

BPN connects stablecoin liquidity across markets such as BBRL, TRYB, cNGN, MEXAS, and EURI, enabling smooth and efficient currency movement around the world.

Convert slow FX to real-time settlement

BPN founder Rika Hu pointed out that BNB Chain's high-speed infrastructure and liquidity contribute to building a flexible stablecoin payment system, turning slow foreign exchange into a real-time global network.

BNB Chain provides the speed and scalability needed for large-scale on-chain finance. Meanwhile, BPN integrates with major ecosystem protocols such as PancakeSwap for liquidity and on-chain trading, and Aster for derivatives and hedging to create a single programmable system for currency exchange and settlement.

BNB Chain Notes calls this the next step towards PayFi, a world where payments are global, instant and open to everyone.

Balancing stablecoin liquidity and smart yields

Notably, BPN Earn, backed by Binance Earn, also allows businesses to turn idle funds into revenue while payments are being made.

With a stablecoin supply of over $14.7 billion, BNB Chain has proven that it has the liquidity and scale to power global on-chain finance while supporting fast, programmable payment networks like BPN.

Building payment routes that transcend regions

BPN has built payment routes across Latin America, Africa, and Asia, connecting local liquidity through trusted partners and regulated stablecoins. These routes allow funds to be moved between local and global currencies almost instantly, completely on-chain, transparent, and easy to trace.

Now, BNB Chain and BPN are connecting stablecoins from major and emerging markets into a single platform, turning stablecoins into the foundation of everyday payments and creating a new benchmark for fast, transparent global transactions.

BPN secures $50 million in funding

Recently, YZi Labs led a $50 million funding round at BPN to support BPN's goal of building the next generation of efficient, programmable, and compliant global financial infrastructure.

Binance founder CZ responded as follows. “Make crypto payments work with #BNB.” He points out that many people have tried making payments with cryptocurrencies, but no solution has yet achieved great success. BPN is currently leading the charge with a focus on B2B, multicurrency, and cross-border payments using stablecoins.