BITPRISMIA
Citigroup is exploring stablecoin custody, crypto ETF services, and blockchain-based payments, positioning itself at the center of digital asset innovation while complying with regulatory frameworks.
Citigroup is exploring digital asset custody and payment services, including stablecoin payments and cryptocurrency ETFs, signaling a significant step towards institutional adoption of digital assets.
Citibank has released a multi-tiered Bitcoin price prediction, with a bullish target of $199,000 by year-end, a base case of $135,000, and a bearish scenario of $64,000 by 2025, reflecting growing institutional confidence in Bitcoin's potential.
The browser verification process was unsuccessful.
Citigroup is expanding its cryptocurrency strategy, including plans to issue a stablecoin and develop custody solutions, signaling its commitment to blockchain-based payments and the broader digitization of finance.
Citigroup is exploring the launch of its own stablecoin, signaling a significant move by a major bank into the digital currency space, which could impact the financial market and institutional crypto adoption.
Citigroup CEO Jane Fraser confirms the bank is exploring the issuance of a Citi stablecoin and views digital assets as a key area in fintech, alongside stablecoin reserve management, crypto, and tokenized deposits.
Citi initiated coverage of Circle with a buy rating and a $243 price target, citing its neutrality as a key competitive strength and potential to facilitate stablecoin adoption.