CoinWorld news, Citigroup is considering providing custody and payment services for stablecoins and crypto ETFs. Biswarup Chatterjee, Head of Global Collaboration and Innovation at Citigroup, stated that the primary direction is to provide custody services for high-quality assets supporting stablecoins, while also researching custody for digital assets such as Bitcoin spot ETFs, a field currently dominated by Coinbase. Citigroup is also developing solutions to enhance cross-border payment and instant settlement efficiency using stablecoins, planning to allow customers to transfer stablecoins between accounts or exchange them for US dollars.