Citigroup’s venture arm has made a strategic investment in stablecoin payments platform BVNK, the companies announced on Thursday.
The move follows Visa’s investment in BVNK earlier this year, as both financial giants continue to explore opportunities in digital asset payments.
While the size of Citi Ventures’ investment was not disclosed, the partnership highlights growing institutional interest in stablecoin infrastructure and blockchain-based payment solutions.
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Stablecoin Growth Attracts Major TradFi Investors
The stablecoin market has emerged as one of the fastest-growing segments in the digital asset space over the past year, driven in part by the rollout of clear regulatory frameworks in key markets like the U.S. and Hong Kong.
This regulatory clarity has encouraged leading traditional finance (TradFi) institutions, including Citi and Visa, to increase their exposure to the sector.
According to Thursday’s announcement, BVNK now processes more than $20 billion in payments each year and serves major clients such as Worldpay, Flywire, and dLocal.
