Citigroup is considering its own stablecoin and is exploring tokenized deposits, CEO Jane Fraser said during the bank’s Q2 ...

On Tuesday, the CEOs of JPMorgan Chase and Citigroup indicated that their banks may get involved in stablecoins, a signal of rising interest among TradFi for the burgeoning crypto technology.

Tether and Circle now hold over $210B in reserves—more than some brokerages, but far behind banks like JPMorgan with $2T+ in ...