Stablecoin News: Citi Ventures Invests in BVNK to Boost Stablecoin Infrastructure
The post Stablecoin News: Citi Ventures Invests in BVNK to Boost Stablecoin Infrastructure appeared on BitcoinEthereumNews.com.
Citi Ventures invests in BVNK to strengthen enterprise stablecoin infrastructure, supporting $20B annual volume and accelerating global tokenized dollar settlements. Citi Ventures has made a key strategic investment in BVNK. This company focuses on providing essential stablecoin infrastructure. It efficiently serves big enterprises of the world. This decision indicates the increasing interest of the main banks in this field. There is growing interest in the use of tokenized dollars. These tokenized assets are used for payment and settlement of transactions. Banking Giants Accelerate Stablecoin Adoption for Settlement This is a welcome investment as interest in this asset class is quickly increasing. BVNK says its platform can handle huge transaction volume. The platform processes more than $20 billion every year. In addition, it drives full-fledged stablecoin services for numerous customers. They have clients such as Worldpay and Flywire, who are well-known payment processors. It also provides services to international companies like dLocal. Arvind Purushotham, Executive Vice President of Citi Ventures, said of the move: He said that the interest in stablecoins is on the rise. Especially, this growth is in their use for settling on-chain transactions. They are also being used for general-purpose crypto asset transactions. This represents a change in the priorities of traditional banking. Related Reading: Crypto News: Citi predicts explosive growth for Bitcoin and Ethereum in the next 12 months | Live Bitcoin News Purushotham went on to say that he was confident in the company. He added that the Citi Ventures team was highly impressed. They mentioned that BVNK has an established enterprise-grade infrastructure. The company also has a strong and proven track record, which they were appreciative of. This means that BVNK has passed stringent due diligence criteria. BVNK’s platform is used by international companies. It also offers services to core payment service providers. The company…
Filed under: News - @ October 10, 2025 3:22 am