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 CEO: Stablecoins Gain Recognition at Binance Blockchain Week

At Binance’s Blockchain Week in Dubai (Dec. 3–4), Ripple CEO said stablecoins are gaining recognition, signaling growing institutional and regulatory attention. His remarks highlight potential momentum for on‑chain payments and firms working with fiat‑linked tokens, including XRP.

Published at 2025-12-03 13:15:10
Congress Grills Fed's Bowman as Lawmakers Clash Over Stablecoin Rules

Representative Stephen Lynch pressed Fed governor Michelle Bowman about remarks she made on digital assets at a November conference in Madrid, sparking a heated exchange as lawmakers debated oversight. The hearing highlighted growing congressional frustration over regulatory gaps for stablecoins.

Published at 2025-12-02 21:00:15
China Launches Crackdown Targeting Stablecoins Amid Global Currency Concerns

Chinese authorities have opened a fresh crackdown on stablecoins, tightening rules and enforcement that hit issuers and cross‑border flows. Observers warn the moves could be about control or part of a broader push that heightens geopolitical currency tensions.

Fed’s Bowman Signals New Rules Targeting Banks and Stablecoins

Fed Governor Michelle Bowman said regulators are preparing new rules aimed at banks and stablecoins, flagging tighter oversight to address risks and regulatory gaps. The announcement points to forthcoming policy moves that could reshape how banks interact with stablecoin issuers.

Malformed Transaction Exploit Triggers Emergency Response on Cardano

In November 2025 a malformed transaction exploited a deserialization bug on Cardano, prompting emergency interventions across the network. The incident has reignited scrutiny over the project's governance and update processes.

Published at 2025-12-01 15:45:08