Citi Institute, Citigroup’s think tank, projects stablecoin supply could reach $1.6 trillion in a base case and up to $3.7 trillion in a bullish scenario by 2030.

FIS and Circle partner to allow US financial institutions to use USDC stablecoin for payments. This follows the passing of ...

The stablecoin-focused GENIUS Act is progressing in Congress in the midst of bank earnings season, putting banks such as JPMorganChase, Bank of America and Citigroup; and card companies like ...

Citigroup may issue its own stablecoin in an effort to facilitate digital payments, the bank's CEO, Jane Fraser, told analysts on a post-earnings conference call on Tuesday.

Citigroup Inc. is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to expand into cryptocurrencies.

Citigroup Inc. C CEO Jane Fraser revealed the company’s intention to issue a stablecoin on Tuesday as part of the banking giant’s broader dive into digitization. What Happened: During Citi’s ...

Citi's own research team said this year could be a pivotal year for blockchain adoption, driven by the growth of stablecoins, and by 2030, the stablecoin market, primarily pegged to the U.S ...

JPMorgan challenges the Treasury's $2 trillion stablecoin market forecast, arguing growth will be slower due to undeveloped infrastructure.

Some large U.S. lenders, including Bank of America and Citibank , are working on launching stablecoins at a time when the country is looking to adopt more crypto-friendly regulations.

Reuters FILE PHOTO: Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, U.S., May 1, 2023. REUTERS/Mike Blake/ File Photo ...