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BNB Chain announces collaboration with BP to jointly build a global stablecoin Settlement network.
BlockBeats news, on October 21, BNB Chain announced a strategic partnership with Better Payment Network (BPN) to jointly create a multi-stablecoin global settlement network driven by on-chain liquidity - a programmable, real-time payment infrastructure. With $50 million in funding led by YZi Labs, BPN is accelerating the construction of multi-stablecoin payment infrastructure. As a native incubation project of BNB Chain, BPN achieves 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, collaborating with local payment institutions and compliant stablecoin issuers. Additionally, it integrates market stablecoin liquidity including BBRL, TRYB, cNGN, MEXAS, EURI, etc., achieving a complete on-chain settlement path.