News

On October 16, it was announced that Solana ecosystem liquidity protocol Meteora will officially launch the MET Allocation Checker at 20:00 on October 16, 2025 (UTC+8). On this website, users can: 1. Choose to participate as a Liquidity Distributor NFT, accounting for 7%, on a first-come, first-served basis; 2. View the complete allocation details of each element; 3. Browse the TGE launch website and related videos. Users can claim MET allocations without registration, and the default option is to receive MET directly.

ChainCatcher reported that YZi Labs announced it has led a $50 million funding round for Better Payment Network (BPN). BPN is a programmable payment network designed for the multi-stablecoin era. This investment aligns with YZi Labs' philosophy of supporting the next generation of global financial infrastructure—placing stablecoins at the core, natively built on high-performance chains, and adopting a hybrid (CeDeFi) architecture to balance efficiency, programmability, and compliance. Traditional fintech platforms rely on capital-intensive pre-funding models, forcing trillions of dollars to remain idle in local accounts to maintain payment liquidity. BPN's CeDeFi dual-track system addresses this issue by enabling real-time minting, exchange, and burning of stablecoins across jurisdictions, thereby unlocking previously locked funds. BPN is natively built on BNB Chain and aims to provide instant, low-cost, and compliant cross-border settlements, with settlement times of 3-4 hours compared to the traditional 1-2 days, and an average cost of about 30 basis points, which is significantly lower than the approximately 2% cost of traditional foreign exchange channels.