BVNK Announces Layer1, a Self-Hosted Digital Asset Infrastructure to Help Businesses Launch Stablecoin Payments Quickly and Securely

Layer1 is designed to eliminate the complexities and infrastructure challenges associated with developing in-house blockchain payment systems

Global stablecoin payments provider BVNK has announced the launch of Layer1, a self-hosted, self-custody digital asset infrastructure product that enables businesses to launch stablecoin payments quickly and securely, while maintaining complete control and privacy over their digital assets.

Designed to simplify the complexities and infrastructure challenges of developing in-house blockchain payment systems, Layer1 provides automated core functionalities such as wallet creation, reconciliation, asset management, and integrations with third-party providers.

“There's a growing appetite among businesses to build products with blockchains, but it still remains very complex and time-consuming,” said Donald Jackson, Co-founder and CTO of BVNK. “Each blockchain, each digital asset, has its own quirks. We’re in a unique position of starting from a green field for our own global payments infrastructure, which we've spent five years building.”

“Layer1 is the culmination of those learnings and it means that other businesses can now launch digital asset payments without needing to be blockchain experts, to know how this or that network behaves, or when the next hard fork is coming – and without needing to deploy an entire engineering team to develop software for two years,” Jackson added.

With Layer1, businesses can launch digital asset payments in multiple regions with less than 200 lines of code, in a matter of weeks. Key features include omnibus wallets, automated consolidation, multi-venue trading capabilities, and comprehensive treasury management.

Layer1 simplifies integration with multiple blockchains, enabling businesses to easily manage their stablecoins and other digital assets. It also supports API integration with Talos, allowing businesses to connect to their various crypto exchanges and manage their end-to-end digital asset trading from Layer1.

Crucially, Layer1 ensures that businesses retain complete control and ownership over their data and digital asset keys, unlike other market alternatives.

“We've seen increased interest in self-hosted solutions from businesses in a variety of industries – from large financial institutions to trading firms and crypto-native businesses,” said Jesse Hemson-Struthers, Co-founder, and CEO of BVNK. “With Layer1, we’ve built a product that allows these firms to access core stablecoin payments infrastructure, so they can spend their time instead on building differentiated products.”

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