Overview

• Citigroup is evaluating custody offerings for high-quality assets like U.S. Treasuries and cash that federal law now requires to back stablecoins.
• The bank is also considering safeguarding the digital tokens underpinning SEC-approved spot bitcoin ETFs to meet growing institutional demand.
• Citi’s existing tokenized dollar platform enables around-the-clock transfers between New York, London and Hong Kong, and it is developing stablecoin-based instant settlement services.
• Bank executives have confirmed that issuing its own stablecoin remains under active consideration as part of a broader digital asset strategy.
• Stringent anti-money-laundering controls, currency-control rules and enhanced cybersecurity standards are core conditions for rolling out these custody and payment solutions.