Citigroup Inc. (NYSE:C) has quietly joined Wall Street's stablecoin race, investing in U.K.-based BVNK as banks prepare for what could become a $1.9 trillion market for tokenized dollars.Citi Deepens Push Into Tokenized MoneyThe deal came through Citi Ventures on Thursday. BVNK handles over $20 billion in annual transactions for clients such as Worldpay, Flywire, and dLocal."Stablecoins are gaining traction in on-chain settlement and asset payments," said Arvind Purushotham, head of Citi Ventures. The bank ...

Partnerships & Integrations - Circle is collaborating with Corpay Inc to integrate USDC into its global FX and commercial card rails [1] Key Features of Modern Global Payments - Modern global payments offer 24/7 liquidity [2] - On-chain settlement is a feature of modern global payments [2] - Modern global payments provide familiar payment experiences [2]