The true Binance affiliated project has arrived @bpn_network Why is it said to be Binance affiliated? 1/ Binance exclusively led the investment ▌October 5

CN
6 hours ago

The true Binance affiliated project has arrived @bpn_network

Why is it said to be affiliated with Binance?

1/ Exclusive lead investment from Binance

▌ On October 5, BPN's official Twitter account posted its first tweet.

▌ On October 16, YZi Labs announced a lead investment of $50 million in BPN.

Raising $50 million in just 11 days from zero is almost impossible—unless the project had established a deep relationship with Binance before the official public announcement.

2/ The founder's Binance DNA

BPN founder Dixuan Fu is not an ordinary entrepreneur:

Served as the Head of Fiat at Binance Europe from 2022 to 2023.

Previously held key positions at Uber, Ant Group, and Alibaba.

During her time at Binance, she was responsible for fiat operations, which perfectly aligns with BPN's cross-border payment positioning.

3/ Business structure deeply tied to Binance

BPN, as a stablecoin-supported cross-border payment network, targets the $60 trillion market size of cross-border payments annually.

BPN's solutions:

Cost reduced to 0.3% (an 85% reduction)

Settlement time shortened to 3-4 hours

Supports 20 regional stablecoins

BPN is natively built on the BNB Chain to support real-time stablecoin minting, exchange, and burning; additionally, BPN will aggregate liquidity from Binance CEX and top DEXs like PancakeSwap and Curve, directly integrating with traditional financial market makers.

This is the first time I have seen a project include the aggregation of Binance CEX liquidity in its white paper.

4/ How to ambush?

BPN adopts a hybrid architecture design.

▌ CeFi layer: Serves enterprises and licensed institutions, supporting regulated, KYC/KYB compliant fund transfers.

▌ DeFi layer: A permissionless on-chain foreign exchange market that allows users to participate in liquidity mining, stablecoin exchanges, and yield generation, with no KYC restrictions.

BPN is expected to launch its DeFi model by the end of this year, so it is recommended to keep an eye on it.

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