Elliptic Partners with BVNK to Revolutionize Stablecoin Payment and Trading Infrastructure

Elliptic Collaborates with BVNK for Enhanced Stablecoin Solutions

Elliptic, a leading name in digital asset decision-making, has joined forces with BVNK to bolster the capabilities of its Layer1 stablecoin infrastructure. This innovative partnership is set to revolutionize the way financial institutions handle stablecoin payments, from trading to settlement, by embedding advanced risk intelligence directly into the payment workflows.

A New Dawn for Stablecoin Payments

As the world increasingly embraces digital currencies, stablecoins have emerged as a key player in financial transactions. BVNK’s Layer1 platform processes billions of dollars in stablecoin payments annually, making it a trusted choice for fintech companies, stablecoin issuers, and global payment providers. The integration of Elliptic Lens into this platform allows for comprehensive risk monitoring and compliance checks to be executed in real-time, significantly accelerating the transaction process.

Traditionally, compliance checks for each stablecoin transaction have often been a bottleneck, as they require separate verification systems that can delay approvals and lead to frustrations. With Elliptic’s technology, these checks are seamlessly integrated into Layer1’s treasury management system, ensuring that transactions can proceed without unnecessary hold-ups. This shift not only enhances the user experience but also promotes trust and reliability in stablecoin operations.

Cutting-Edge Risk Detection

Elliptic Lens equips users with the ability to perform multi-asset wallet screening across various crypto assets, including stablecoins and popular tokens like Bitcoin and Ethereum. The platform's customizable rules allow users to set approval thresholds based on factors such as transaction size or risk evaluation. By monitoring transactions continuously, Lens ensures proactive risk detection, allowing institutions to focus on their core activities without worrying about compliance-related delays.

Jackson Hull, CTO at Elliptic, emphasized the importance of this integration, stating, "Layer1 stands as a potent example of a next-generation stablecoin infrastructure where risk intelligence is not just an afterthought but a fundamental component of its operation. By embedding our capabilities directly into Layer1, we empower institutions to maintain high standards of regulatory compliance while moving swiftly in their transactions."

Growing Demand for Stablecoin Infrastructure

The partnership comes at a time of accelerated adoption of stablecoin networks. In 2024 alone, transaction volumes surged beyond $27.6 trillion, and projections indicate that the reliance on stablecoins by financial institutions will only grow. However, the integration of robust risk management systems into this ecosystem has often lagged behind, creating a gap that Elliptic and BVNK are now strategically addressing.

Sagar Sarbhai, BVNK’s Managing Director for Layer 1, noted, "Our collaboration with Elliptic allows us to provide our customers with essential risk detection and compliance infrastructure without imposing a heavy integration burden. Layer1's design focuses on delivering speed and security, and with Elliptic’s intelligence, we can meet these critical standards effortlessly."

The Future Ahead

With Elliptic's extensive coverage across more than 50 blockchains and 250 cross-chain bridges, totaling 98% of the active and liquid crypto market, the partnership is set to enhance compliance measures for institutions venturing into new jurisdictions or adapting to changing global frameworks. Elliptic’s platform supports comprehensive anti-money laundering (AML) and sanctions checks, making it an invaluable asset for regulators and enterprises alike.

Founded in 2013 and headquartered in London, Elliptic has established a robust reputation for delivering high-performance digital asset decisioning solutions. This partnership with BVNK marks a significant step forward in making stablecoin transactions faster, safer, and more compliant, contributing to a sustainable future for global payment systems.

To explore the enhanced offerings and capabilities of Elliptic, visit Elliptic's website.

About BVNK

BVNK specializes in developing infrastructure that leverages stablecoins to facilitate instantaneous value transfers across borders. With robust partnerships and global licensing, it handles billions in transactions for major enterprise clients, underpinning its commitment to shaping the future of financial services globally.
For additional information, visit bvnk.com.