Stablecoin transactions, payments, and settlements are being facilitated by BVNK's Layer1 due to the support from Elliptic, ensuring scalability and stability.

In a significant move to bolster the compliance of stablecoin infrastructure, Elliptic, a leading provider of crypto risk detection, screening, and compliance intelligence solutions, has partnered with BVNK. This partnership aims to integrate Elliptic's robust risk intelligence into Layer1, a self-managed payments platform that powers BVNK's operations.

As a result, Layer1's customers can now benefit from Elliptic's comprehensive coverage of the market, making it one of the most extensive risk detection and compliance solutions available today. This integration enables seamless compliance for Layer1's treasury and payment workflows, ensuring institutions can move fast while meeting the highest standards of regulatory compliance.

Elliptic's solutions support global Anti-Money Laundering (AML) and sanctions checks across more than 50 blockchains and over 250 cross-chain bridges. This extensive coverage ensures that 98% of active and liquid cryptoassets in the market are monitored for potential risks, including stablecoins, ERC-20 tokens, Bitcoin, and Ethereum.

The partnership comes during a period when stablecoin adoption is accelerating. Projections indicate significant further growth, with transfer volumes reaching over $27.6 trillion by 2024. However, robust risk intelligence has often lagged in the stablecoin adoption process. Elliptic's integration into Layer1 addresses this gap, providing institutions with the ability to screen cryptoassets with tradable value in real-time.

Jackson Hull, Chief Technology Officer at Elliptic, commented on the partnership, stating, "We are excited to partner with BVNK to integrate Elliptic Lens into Layer1. This partnership underscores the importance of robust risk intelligence in the adoption and growth of stablecoin infrastructure."

Lens's customizable scoring, continuous behavioral monitoring, and instant entity identification across 70+ categories enable proactive risk detection. This feature is crucial for institutions scaling into new jurisdictions and maintaining compliance under evolving global frameworks.

Visa's strategic investment in Elliptic underscores the growing relevance of compliant, programmable stablecoin infrastructure. The partnership between Elliptic and BVNK further solidifies this trend, ensuring that compliance meets Layer1's key requirements of fast, flexible, and secure service to customers.

In addition, the partnership allows BVNK's customers to access risk detection and screening infrastructure without integration overhead. This streamlined approach will undoubtedly contribute to the rapid adoption and growth of stablecoin infrastructure.

With more than a decade of experience in the field, Elliptic is a trusted provider of risk intelligence solutions. The company's integration into Layer1's platform underscores its commitment to enhancing the compliance of stablecoin infrastructure, paving the way for a more secure and regulated digital economy.