🏦 Citigroup launches its own stablecoin: bankers seriously enter Web3
🥉 Citigroup, the third largest bank in the USA, has officially confirmed: it is considering the issuance of the Citi stablecoin and tokenized deposits. This was announced by CEO Jane Fraser.
📌 Key points:
— Focused on corporate payments and institutions
— Parallel plans for the launch of storage and reserve management services
— Competitors are already in the game: JPMorgan, DTCC, Circle, BlackRock
— Regulatory foundation — the GENIUS law, promoted by the Trump administration
📊 Scale of the trend:
— The volume of the stablecoin market is already ~$257 billion
— Forecast: $750 billion by 2026 (Standard Chartered)
— Banks see stablecoins as a new SWIFT and the dollar at the same time
🧩 Citigroup bets that the future of digital finance is not cryptocurrency exchanges, but banking platforms where stablecoins will compete with CBDCs and fiat on equal terms.
If Citigroup, JPMorgan, and other top banks enter the race, it is a signal: the "institutional takeover" of stablecoins has begun. Those who invest early in infrastructure and regulated assets will benefit.