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News Explorer — Stablecoin Firm BVNK Secures Investment from Citi Ventures

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Oct 9, 12:55 pm
Blockworks

Stablecoin Firm BVNK Secures Investment from Citi Ventures

Citigroup's venture arm has invested in BVNK, a startup focusing on stablecoin payments infrastructure, as major US banks show increased interest in crypto-based settlement systems due to regulatory advancements like the GENIUS Act. BVNK's platform facilitates seamless movement between fiat and stablecoins for global payments.

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