YZi Labs, previously Binance Labs, has led a $50 million seed round in Better Payment Network (BPN), a startup innovating cross-border payment systems through stablecoins. The investment will accelerate BPN's creation of onchain liquidity pools and launch of a DeFi foreign exchange market accommodating up to 20 regional stablecoins. By blending centralized compliance with decentralized finance automation, BPN aims to drastically cut international payment settlement times from days to hours and reduce transaction costs significantly. The firm currently supports major corridors in Latin America, Africa, and Europe, with plans to expand its scalable and inclusive hybrid CeDeFi infrastructure. Additionally, the White House is reportedly considering a presidential pardon for Binance founder CZ Zhao, adding another layer of attention to the crypto sector.
Continue to read YZi Labs Drives $50M Investment to Revolutionize Cross-Border Stablecoin Payments with BPN
YZi Labs, previously Binance Labs, has led a $50 million seed round in Better Payment Network (BPN), a startup innovating cross-border payment systems through stablecoins. The investment will accelerate BPN's creation of onchain liquidity pools and launch of a DeFi foreign exchange market accommodating up to 20 regional stablecoins. By blending centralized compliance with decentralized finance automation, BPN aims to drastically cut international payment settlement times from days to hours and reduce transaction costs significantly. The firm currently supports major corridors in Latin America, Africa, and Europe, with plans to expand its scalable and inclusive hybrid CeDeFi infrastructure. Additionally, the White House is reportedly considering a presidential pardon for Binance founder CZ Zhao, adding another layer of attention to the crypto sector.
Continue to read YZi Labs Drives $50M Investment to Revolutionize Cross-Border Stablecoin Payments with BPN
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