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Citi Joins Visa in Backing Stablecoin Payments Company BVNK

Citi Ventures has made a strategic investment in stablecoin payments platform BVNK, joining Visa, which had already invested earlier this year. BVNK, which processes over $20 billion in payments annually, counts major companies like Worldpay, Flywire, and dLocal as clients. The stablecoin sector has seen significant growth, aided by the establishment of regulatory frameworks in key regions, which has encouraged investments from large financial institutions like Citi and Visa. Citi Ventures head Arvind Purushotham noted the rising interest in using stablecoins for settling on-chain and crypto asset transactions. The specific amount of Citi's investment has not been disclosed, but the partnership highlights a growing recognition of stablecoins in the traditional finance sector.

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Bitcoin Holds $111K as XRP Leads Gains

Bitcoin has maintained stability above $110,000, showcasing resilience following a significant liquidation event. Ether rose 3.5% to $3,970, with BNB and Solana both gaining over 3%, while XRP jumped 4.5%, leading major cryptocurrency gains. Despite the overall cautious market sentiment, where traders are favoring selective exposure,

XRP Price Analysis: Inverse Head-and-Shoulders Breakout Puts Ripple on Track $2.80

XRP has broken past the $2.50 mark, seeing a 31% increase in trading volume, which suggests a significant bullish structure following weeks of consolidation between $2.35 and $2.50. The momentum indicates a potential rise toward the $2.65-$2.80 range, buoyed by favorable macroeconomic conditions and

Dogecoin Hits $0.20 as Breakout Volume Triples Average

Dogecoin (DOGE) surged 1.8% to reach $0.20, breaking the critical resistance level of $0.1988 with a trading volume that increased by 170% above average. The move is attributed to renewed institutional participation, signaled by heavy trading of 674.52 million tokens, nearly triple the daily average. Currently,

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