Citigroup As CEO Jane Fraser revelled in the phone call after the tribute, he is considering issuing his own stablecoin.

The move is part of the bank’s broader digital asset strategy, which includes reserve management and crypto-custody services, aims to strengthen its position in the digital payments space.

Fraser applies to the supportive regulatory framework of the Genius Act, which can withstand more full participation in digital assets.

The initiative will place Citigroup, like JPMorgan, which has already piloted a token solution.

According to Citi Stablecoin ainvest.

In addition to those with stable issuance, Citigroup is also exploring related services such as custody and archiving management, which suggests a comprehensive approach to digital financing.

This move reflects the integration of traditional banking and blockchain technology, following industry trends towards tokenization and improved transaction infrastructure trends.

Potential Citigroup can improve transaction efficiency and security, meet the rising demand for digital financial solutions, and help banks stay competitive in a rapidly growing financial environment.

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