Citigroup, one of the largest banks in the world (US$ 2,57 trillion in assets under management), is considering offering custody and payments for regulated stablecoins like USDC ⚡️
According to Biswarup Chatterjee, head of innovation at Citi Services, the priority is to ensure the safekeeping of high-quality assets backing these currencies, targeting institutional clients.📊
The initiative is part of the bank's strategy to bridge traditional and digital finance, leveraging regulatory advancements in the US and the EU.🇺🇸🇪🇺
There is no launch date yet, but this move could accelerate institutional adoption of crypto in the global market.
