Citigroup Inc. is thinking about offering new services for crypto and stablecoins, including:

Safekeeping digital assets (like Bitcoin ETFs) Fast payments using stablecoins

Helping clients convert between crypto and cash

The bank wants to focus first on holding the safe reserves behind regulated stablecoins—like cash or U.S. Treasuries—to meet its risk rules.

This move follows a new U.S. law that says stablecoins must be fully backed by real money or government bonds to protect users.

Right now, Coinbase leads in handling crypto ETFs. If Citigroup joins, it could shake up the competition between banks and crypto firms.

Plans are still early—no launch date yet.

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