CZ’s YZi Labs Leads $50M Round for Stablecoin Payments Firm BPN
YZi Labs, the enterprise arm previously often known as Binance Labs, has led a $50 million seed spherical in Better Payment Network (BPN), a startup aiming to modernize cross-border funds utilizing stablecoins.
Key Takeaways:
- YZi Labs led a $50 million seed spherical for BPN to construct onchain liquidity swimming pools and develop stablecoin fee infrastructure.
- BPN’s hybrid CeDeFi system goals to chop cross-border settlement time from days to hours.
- The startup plans to launch a DeFi FX market supporting as much as 20 regional stablecoins.
The funding marks one of many largest early-stage rounds within the funds sector this yr and alerts a serious guess on CeDeFi (centralized-decentralized finance) infrastructure for rising markets.
BPN to Use $50M Funding to Build Onchain Liquidity Pools
According to Thursday’s announcement, BPN will use the capital to construct onchain liquidity swimming pools and market-making methods to help stablecoin-to-stablecoin transactions.
The firm, constructed on BNB Chain, integrates conventional monetary compliance with DeFi automation to allow real-time minting, swapping, and settlement of fiat-backed stablecoins throughout completely different jurisdictions.
BPN’s mannequin seeks to unravel a long-standing inefficiency in worldwide funds. Traditional fintechs depend on pre-funding, holding giant sums in native accounts simply to make sure liquidity.
BPN’s hybrid CeDeFi system replaces that with real-time stablecoin issuance, releasing trapped capital and reducing settlement time from days to only a few hours.
The firm claims transaction prices can drop from roughly 2% to 0.3%, creating a less expensive, sooner, and extra inclusive fee community.
Rica Fu, BPN’s founder, mentioned the startup’s “multi-stablecoin liquidity mannequin affords a extra inclusive and environment friendly various to USD-centric fee methods.”
why higher fee community (BPN)?
– a sooner, cheaper and extra scalable end-to-end resolution constructed natively on @BNBCHAIN
– founding group with each conventional funds and web3 experience
– real-world affect— Dana @YZi Labs (@DanaBuidl) October 16, 2025
The platform already facilitates transactions throughout corridors corresponding to Brazil (BBRL), Nigeria (cNGN), Mexico (MEXAS), and the Eurozone (EURI), serving to enterprises and licensed fee establishments full compliant, KYC-aligned transfers.
In addition to its regulated CeFi layer, BPN plans to launch a DeFi FX market by the tip of the yr.
The permissionless protocol will help as much as 20 regional stablecoins throughout Latin America, Africa, and Asia, permitting customers to swap stablecoins, farm liquidity, and earn yield with out intermediaries.
Dana H., Investment Partner at YZi Labs, described BPN as “a real game-changer for cross-border funds,” saying it delivers prompt settlement, price financial savings, and scalability that “might outperform each conventional Web2 gamers and fragmented Web3 options.”
The funding suits YZi Labs’ broader thesis of backing next-generation monetary infrastructure that locations stablecoins on the core.
White House Weighs Pardon for Binance Founder Changpeng ‘CZ’ Zhao
The White House has reportedly intensified discussions over a potential presidential pardon for Binance founder Changpeng “CZ” Zhao, in keeping with an October 12 New York Post report.
Sources cited by Fox Business journalist Charles Gasparino declare that President Donald Trump is “leaning towards a pardon,” regardless of considerations amongst advisors about the way it might seem given his monetary ties to the crypto trade.
Zhao pleaded responsible in November 2023 to failing to take care of satisfactory anti-money laundering controls at Binance, resulting in his resignation as CEO.
The talks come almost a yr after Zhao publicly hinted he “wouldn’t thoughts a pardon” following President Joe Biden’s controversial resolution to pardon his son, Hunter Biden, in 2024.
The potential pardon has already sparked backlash from Senator Elizabeth Warren, who despatched a letter to White House Counsel David Warrington and Deputy Attorney General Todd Blanche, warning that Zhao’s request raises “pressing considerations concerning the integrity of the justice system.”
The submit CZ’s YZi Labs Leads $50M Round for Stablecoin Payments Firm BPN appeared first on Cryptonews.
