Citigroup Eyes Bold Move Into Stablecoin and Crypto ETF Custody

TLDR Citigroup is considering offering custody services for stablecoins and crypto ETFs. The bank aims to provide secure storage for assets backing stablecoins and digital assets tied to crypto ETFs. Citigroup is also exploring payment solutions using stablecoins to enable faster transactions. The bank’s existing blockchain payment system supports tokenized US dollar transfers globally. Citigroup [...]

The post Citigroup Eyes Bold Move Into Stablecoin and Crypto ETF Custody appeared first on Blockonomi.