Citigroup considers issuing its own stablecoin, CEO says

Business

NEW YORK :Citigroup may issue its own stablecoin in an effort to facilitate digital payments, the bank's CEO, Jane Fraser, told analysts on a post-earnings conference call on Tuesday. "We are looking at the issuance of a Citi stablecoin, but probably most importantly is the tokenized deposit space, where we're very active," she said. "This is a good opportunity for us." The third largest U.S. lender is also exploring reserve management for stablecoins and providing custody solutions for crypto

Citigroup considers issuing its own stablecoin, CEO says https://www.channelnewsasia.com/ - 15.07.2025 22:50

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Citigroup considers issuing its own stablecoin, CEO says https://www.channelnewsasia.com/ - 15.07.2025 22:50