Citigroup invested in stablecoin infrastructure company BVNK through Citi Ventures at a valuation exceeding $750 million, reversing its previous warnings about deposit flight risks as stablecoins processed over $5 trillion in transactions over the past 30 days.The post Citi Backs Stablecoin Firm BVNK Despite Previously Opposing Crypto Payment Rails appeared first on Cryptonews.