Citi Ventures Invests in BVNK to Expand Stablecoin Infrastructure Globally

Published at 2025-10-10 12:04:24
Citi Ventures Invests in BVNK to Expand Stablecoin Infrastructure Globally – cover image

In a strategic move to expand stablecoin infrastructure on a global scale, Citi Ventures invested in BVNK on October 9, 2025. While the funding amount remains undisclosed, this investment underscores the growing interest from major financial institutions in stablecoin technology, especially as regulatory frameworks like the GENIUS Act in the U.S. provide clearer guidelines for banks to issue stablecoins.

BVNK, backed by prominent investors including Visa, Tiger Global, and Haun Ventures, currently processes over $20 billion annually for clients such as Worldpay and Flywire. Citi's research highlights a promising future, anticipating a multi-trillion-dollar payments market powered by stablecoins.

Arvind Purushotham, Head of Citi Ventures, noted, "Stablecoins are seeing increased interest in use for settlement of on-chain and crypto asset transactions," reflecting the growing legitimacy and utility of stablecoins in the financial ecosystem.

For those interested in entering the crypto space, platforms like Bitlet.app offer innovative solutions including a Crypto Installment service, enabling users to buy cryptocurrencies now and pay monthly instead of making full payments upfront. This kind of accessibility is critical as institutional adoption of crypto technologies expands.

This investment signals a notable shift toward mainstream acceptance and infrastructure development for stablecoins, providing both businesses and consumers with enhanced capabilities for secure and efficient digital asset transactions.

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