BNB Chain Partners with BPN to Build Multi-Stablecoin Global Settlement Network
BNB Chain, a leading smart contract platform, has joined forces with Better Payment Network (BPN) to revolutionize cross-border transactions. The collaboration aims to create a multi-stablecoin settlement network capable of real-time global payments.
Backed by $50 million from YZi Labs, BPN's infrastructure bridges traditional finance and DeFi. The network enables seamless minting, swapping, and settling of fiat-backed stablecoins across multiple currencies including BBRL, TRYB, cNGN, MEXAS, and EURI.
This partnership signals a strategic MOVE to transform sluggish foreign exchange systems into efficient digital payment rails. The solution promises to reduce settlement times from days to seconds while maintaining transparency through blockchain technology.
