‘There’s an Overfocus on Stablecoins’: Citigroup (C) CEO Jane Fraser
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3 Articles
Citi CEO: Tokenized Deposits, Not Stablecoins, Will Power the Future of Payments News ETHNews
Citigroup CEO Jane Fraser has made it clear that the bank sees tokenized deposits, not stablecoins, as the driving force behind the next evolution of global payments and financial infrastructure. Speaking during Citi’s third-quarter earnings call, Fraser said institutional clients increasingly demand real-time, low-cost, and compliant cross-border transactions, which tokenized deposits can deliver more efficiently than stablecoins. “What our cli…
Citigroup CEO Backs Tokenized Deposits, Says Too Much Focus on Stablecoins
Citigroup (C) CEO Jane Fraser offered a clear stance on the future of digital finance, telling investors that tokenized deposits — not stablecoins — will be the primary engine behind next-generation payments and financial market infrastructure. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity... The post …
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