PANews reported on October 21 that according to official news, BNB Chain announced a strategic partnership with Better Payment Network (BPN) to jointly build a multi-stablecoin global settlement network driven by on-chain liquidity - a programmable, real-time payment infrastructure layer.

Backed by a $50 million funding 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 implements the issuance, exchange, and settlement of stablecoins through a unified programmable layer, bridging CeFi and DeFi.

BPN has established stablecoin settlement channels in Latin America, Africa, and Asia, and cooperated with local payment institutions and compliant stablecoin issuers. At the same time, it has integrated the market stablecoin liquidity including BBRL, TRYB, cNGN, MEXAS, EURI, etc. to achieve a complete on-chain settlement path.