Citigroup CEO confirms that the bank is ‘viewing the release of a Citi Stablecoin’
On Tuesday, Citigroup (C) had a second quarter of 2025 Call the income.
During the call, Ebrahim Poonawa, head of North American Banks Research at Bofa Securities, asked how Citi uses stablecoins inside for Treasury and Global Liquidity Management and if their adoption can interfere with bank service revenues.
Citi CEO Jane Fraser said the bank is looking at digital assets as the next step in the broader finances, pronouncing the previous shift brought by the Fintech. He emphasized that Citi’s approach was centered on responding to client’s demand for seamless, cross-border, multi-bank, always-in solutions with built-in compliance, reporting, and accounting features.
He described the four main areas Citi’s pursuing: Stablecoin Reserve Management, On- and Off-Ramp between Fiat and Digital Currencies, Custodial Services for Crypto, and tokenized deposits- that calls late to these most active places.
Fraser confirmed, “We look at the release of a stablecoin citi,” but it is clear that the tokenized deposits currently represent more immediate focus. He added that these innovations help Citi Modernize internal operations, unlock new income streams, and get clients.
Citigroup reported Second-quarter 2025 net income of $ 4.0 billion, or $ 1.96 per diluted part, from $ 3.2 billion, or $ 1.52 per part, a year before. The revenue rose to $ 21.7 billion, an 8% increase from Q2 2024, which was encouraged by the growth of all five major bank businesses.
