Citigroup Joins Visa in Strategic Investment in Stablecoin Payments Platform BVNK

Published at 2025-10-22 07:09:59
Citigroup Joins Visa in Strategic Investment in Stablecoin Payments Platform BVNK – cover image

On October 9, 2025, Citigroup's venture capital arm, Citi Ventures, announced a strategic investment in BVNK, a stablecoin payments platform that is rapidly gaining traction in the crypto payments industry. This follows Visa's earlier investment in BVNK back in May 2025, marking a growing interest from financial giants in leveraging stablecoin technologies for digital payments.

BVNK processes over $20 billion in payments annually and boasts a strong client base including notable players such as Worldpay, Flywire, and dLocal. The platform facilitates efficient, secure, and compliant stablecoin transactions, which are becoming increasingly relevant as regulatory frameworks around stablecoins are solidifying across major jurisdictions.

The stablecoin sector has witnessed substantial growth due to these favorable regulatory developments, encouraging institutions to explore the use of stablecoins for settling on-chain and crypto asset transactions. Investments by Citigroup and Visa into BVNK underscore the expanding role of stablecoins in mainstream financial services.

For users interested in accessing crypto opportunities, platforms like Bitlet.app provide innovative services such as Crypto Installments. Bitlet.app enables buying cryptocurrencies immediately while paying monthly, making crypto investing more accessible and convenient. This aligns well with the broader trend of integrating crypto payments into everyday financial ecosystems.

As stablecoins gain further adoption backed by institutional support and regulatory clarity, platforms like BVNK and services like those offered by Bitlet.app will be at the forefront of the evolving digital finance landscape.

Share on:

Related news

Ripple and UC Berkeley Launch UDAX Accelerator to Scale XRP Ledger Startups

Ripple and UC Berkeley today unveiled UDAX, an accelerator for projects building on the XRP Ledger; nine startups completed the pilot and received technical mentorship and VC introductions. The program aims to deepen developer activity and drive real-world use cases for XRP Ledger technology.

Published at 2026-01-17 22:45:05
Interactive Brokers Launches 24/7 Stablecoin Funding in 170 Markets

Interactive Brokers announced on Jan. 16, 2026 it will accept 24/7 stablecoin deposits across 170 markets, enabling round-the-clock funding and faster access to trading. The move highlights growing integration of crypto rails into mainstream brokerage infrastructure.

State Street Pushes Legacy Finance Overhaul Using Blockchain, CEO Says

State Street is focused on rebuilding traditional assets to run on faster, modern financial rails using blockchain technology, CEO Ronald O'Hanley said, emphasizing the effort is about infrastructure — not bitcoin.

PNC CEO Demchak Urges Clear Split Between Stablecoins as Payment or Investment

PNC CEO Bill Demchak said on Friday’s earnings call that stablecoins should be treated either as payment instruments or as money-market-style investment products, not both. He warned the dual role creates regulatory and liquidity uncertainty for banks and consumers.

Published at 2026-01-16 16:15:17
South Korea Approves Tokenized Securities Rules to Modernize Markets

South Korea approved legislation on Jan. 16, 2026 to integrate tokenized securities into its capital markets, enabling blockchain-based trading and settlement. The move is intended to modernize infrastructure and could attract fintech firms and new issuers to local markets.