Home / Technology / Citi backs stablecoin firm as big banks warm to crypto

Citi backs stablecoin firm as big banks warm to crypto

Major U.S. banks are stepping further into crypto and digital assets as U.S. regulation becomes more favorable.

Citi has invested in stablecoin infrastructure company BVNK, the startup told CNBC on Thursday, as big U.S. banks ramp up their presence in the cryptocurrency and digital asset space.
Stablecoins are a type of digital asset pegged to a fiat currency … [3641 chars]

Source: CNBC | Published: 2025-10-09T06:00:01Z

Credit: CNBC

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *