BNB Chain is pleased to announce a partnership with BPN to jointly establish a global stablecoin settlement network.

BlockBeats News, October 21st, BNB Chain announced a strategic partnership with the Better Payment Network (BPN) to jointly build a globally settlement network driven by on-chain liquidity—a programmable, real-time payment infrastructure layer.

Backed by a $50 million financing round led by YZi Labs, BPN is accelerating the development of a multi-stablecoin payment infrastructure. As a native incubation project of BNB Chain, BPN achieves stablecoin issuance, exchange, and settlement through a unified programmable layer, bridging the gap between CeFi and DeFi.

BPN has established stablecoin settlement channels in Latin America, Africa, and Asia, and is collaborating with local payment institutions and compliant stablecoin issuers. Additionally, it integrates market stablecoin liquidity including BBRL, TRYB, cNGN, MEXAS, EURI, among others, to achieve a complete on-chain settlement path.