The post BNB Chain Partners with BPN to Build Multi-Stablecoin Global Settlement Network appeared first on Coinpedia Fintech News
Cross-border payments are about to get a major upgrade.
BNB Chain, one of the leading smart contract blockchains, is teaming up with a pioneering network to make global transactions faster, cheaper, and more transparent.
A New Era for Global Settlements
In a latest announcement , BNB Chain revealed that it is teaming up with Better Payment Network (BPN), a payment network built on BNB Chain, to create a multi-stablecoin global settlement network for real-time payments.
Backed by $50 million from YZi Labs, BPN is making it easier and faster to move money using stablecoins. It connects traditional finance with decentralized finance (DeFi), allowing businesses to mint, swap, and settle fiat-backed stablecoins easily.
BPN links stablecoin liquidity across markets like BBRL, TRYB, cNGN, MEXAS, and EURI, allowing smooth and efficient currency movement around the world.
Turning Slow FX into Real-Time Payments
BPN founder Rica Fu noted that BNB Chain’s fast infrastructure and liquidity are helping build a flexible stablecoin payment system, transforming slow foreign exchange into a real-time global network.
BNB Chain provides the speed and scalability needed for large-scale on-chain finance. While BPN will integrate with key ecosystem protocols like PancakeSwap for liquidity and on-chain trading, and Aster for derivatives and hedging, to create a single, programmable system for currency exchange and settlements.
BNB Chain notes calls this a next step toward PayFi: a world where payments are global, instant, and open to everyone.
Stablecoin Liquidity Meets Smart Yield
Notably, with BPN Earn, which is backed by Binance Earn, businesses can also turn idle money into earning money while settlements happen.
With over $14.7 billion in stablecoin supply, BNB Chain proves it has the liquidity and scale to power global on-chain finance, while supporting fast, programmable payment networks like BPN.
Building Payment Routes Across Regions
BPN has built payment routes across Latin America, Africa, and Asia, linking local liquidity through trusted partners and regulated stablecoins. These routes let money move almost instantly between local and global currencies, fully on-chain, transparent, and easy to track.
Now, by connecting stablecoins from major and emerging markets on a single platform, BNB Chain and BPN are turning stablecoins into the foundation of everyday payments and creating a new benchmark for fast, transparent global transactions.
BPN Secures $50M Funding
Recently, YZi Labs led a $50M funding round in BPN to support BPN’s goal of creating next-generation global financial infrastructure that is efficient, programmable, and compliant.
Binance founder CZ reacted, saying “Let’s make crypto payments work on #BNB,” He notes that although many have tried, but no solution has achieved major success yet. BPN is now taking the lead by focusing on B2B, multi-currency, cross-border payments using stablecoins.