BPN
  1. Getting Started
BPN
  • Getting Started
    • Introduction to BPN
    • Key Concepts & Terminology
    • Architecture Overview
  • Onboarding & Prerequisites
    • Product Demo
    • Sandbox & Test Environment
  • Use Case
    • Transfer
    • Vault
    • On/Off Ramp
    • Compliance (Travel Rule Information Submission)
  • API Reference
    • KYB
      • Share KYB Info For Sub User
      • Get KYB Sub User Status
    • Account Management
      • add bank account
      • list bank account
      • create virtaul account
      • list virtual account
      • Master VA balance inquiry
      • list virtual account orders
      • refund virtual account order
    • Wallet
      • Get Asset Balance
      • Get Deposit Address
      • Add Deposit Sender
      • Add Withdraw Whitelist
      • Delete Withdraw Whiltelist
      • Request Withdraw
      • Query Transaction History
    • FX
      • fx inquery
    • BPN Transactions
      • get stablecoin quote
      • create stable order
      • get order (single) detail
      • list orders(batch)
    • Reconciliation
  • Webhooks & Event
    • resend fail webhook
      POST
    • KYB Status Notification
      POST
    • Transaction Status Notification
      POST
    • Account Status Notification
      POST
    • Open Virtual Account Status
      POST
    • Deposit Sender Detail Required
      POST
    • virtual account payment status
      POST
  • Appendix
    • Enum
    • Virtual Account(VA) Support List
  • Release Notes & Changelog
    • Version History
  • Schemas
    • Schemas
      • walletBalance
      • walletAddress
      • transactionRecord
  1. Getting Started

Key Concepts & Terminology

TermDefinition
BPN (Better Payment Network)A programmable payments layer built on BNB Chain, enabling borderless, multi-stablecoin/multi-currency cross-border payments.
BPN-20 ProtocolThe smart contract standard that manages mint/burn, swaps, routing, and oracle updates within the BPN ecosystem.
AMM PoolProtocol-owned liquidity pools for major stablecoin pairs, providing deep, stable liquidity across corridors.
Dual-Layer Clearing HouseTwo-tier architecture of BPN: Permissioned Layer for OTC fiat-backed swaps with regulated reserve custody, and Permissionless Layer for AMM-based stablecoin FX with ±2% deviation.
Hybrid SettlementCombination of on-chain settlement (smart contracts) and off-chain settlement (regulated fiat rails) for optimal speed and compliance.
StablecoinBlockchain-based digital tokens pegged to fiat currencies (e.g., USDC, BUSD, BBRL).
Native Stablecoin LiquidityDirect reserves of stablecoins on-chain, without bridges or synthetic representations.
Multi-Stablecoin InteroperabilityAbility to directly exchange between stablecoins of different pegs (e.g., BBRL ↔ USDC) without a single fiat intermediary.
Clearing OperatorsLicensed entities managing fiat liquidity pools and operating off-chain FX desks.
Market MakersEntities providing liquidity on AMM pools and OTC books, arbitraging price differences.
Payment Service Providers (PSPs)Integrators that offer merchants access to BPN corridors.
Stablecoin IssuersEntities minting and redeeming stablecoins, participating in BPN liquidity.
MintCreation of a stablecoin within the BPN ecosystem.
BurnRedemption and removal of stablecoins from circulation.
SwapConversion between two stablecoins using BPN’s liquidity pools.
RoutePathway a payment takes across different liquidity pools or corridors.
Settlement GuaranteeProtocol-level assurance that cross-layer transactions finalize atomically.
Programmable ComplianceOn-chain rules enforcing KYC/AML and jurisdictional restrictions at the protocol level.
Regulated Reserve CustodyFiat reserves held in licensed financial institutions, with periodic attestations.
Permissionless AccessUnrestricted participation in the open protocol layer, subject to compliance screening.
FX CorridorDefined currency exchange route (e.g., BRL → USD).
Time-to-Settlement (TTS)Elapsed time from payment initiation to final settlement confirmation.
SlippageDifference between expected and executed exchange rates during a swap.
Modified at 2025-08-26 14:58:20
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Introduction to BPN
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Architecture Overview
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