Citigroup accelerates with stablecoins: Ambition to lead the digital financial era

#CitiGroup – the global financial giant – is entering a period of strong digital transformation, focusing on stablecoins and digital asset custody, taking advantage of favorable policies from the GENIUS Act – the new stablecoin law in the US.

According to this law, stablecoins must be backed 1:1 by safe assets (treasury bonds, cash) and transparently disclose reserves. This both protects investors and opens up a “gold mine” of services for custodian banks like Citigroup. McKinsey predicts that the stablecoin market could reach 2–3.7 trillion USD by the end of the decade.

Citigroup is currently implementing many plans:

Custody of collateral assets and #ETFcrypto , competing with Coinbase – the unit holding 80% of the market share.

24/7 cross-border payments with stablecoins, replacing traditional banking processes.

Issuing its own stablecoin, redefining its position on the digital financial map.

Not only "going it alone", Citigroup also discussed with JPMorgan, Bank of America, Wells Fargo the issuance of interbank stablecoins, to take advantage of existing payment infrastructure and reduce transaction costs.

In parallel, Citigroup has operated Citi Token Services on its own blockchain, supporting global digital asset payments and management. Investment fund tokenization experiments also open up new potential in market automation and transparency.

👉 With the support of a new legal framework and long-term vision, Citigroup has the opportunity to become a leader in the global stablecoin wave. #anhbacong