Citigroup Confirms It Is Actively Evaluating a Citi-Issued Stablecoin

In its Q2 earnings call, CEO Jane Fraser confirmed that Citigroup (the third-largest bank in the US) is actively evaluating the launch of a Citi-issued stablecoin, with promising interest in tokenized deposits, reserve management, and custody services.  This move coincides with Citigroup’s shares hitting their highest level since 2008, supported by solid earnings and a […] The post Citigroup Confirms It Is Actively Evaluating a Citi-Issued Stablecoin appeared first on Coin Edition.