Citi invests in stablecoin firm BVNK, its valuation now exceeds $750M

Crypto BriefingThursday, October 9, 2025 at 6:48:20 AM
Citi invests in stablecoin firm BVNK, its valuation now exceeds $750M
Citi's recent investment in the stablecoin firm BVNK, which has now surpassed a valuation of $750 million, underscores the increasing acceptance of stablecoins within traditional finance. This move is significant as it could lead to a transformation in global payment systems, making transactions more efficient and accessible. As financial institutions embrace digital currencies, the landscape of finance is poised for a major shift, benefiting consumers and businesses alike.
— via World Pulse Now AI Editorial System

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IMF lays out guidelines for addressing stablecoin risks, beyond regulations
PositiveCryptocurrency
The International Monetary Fund (IMF) has released guidelines aimed at addressing the risks associated with stablecoins, emphasizing the importance of strong macroeconomic policies and robust institutions over a fragmented regulatory approach. This initiative reflects the IMF's recognition of the growing significance of stablecoins in the global financial landscape.