Citi CEO Drops Bombshell: Banking Giant "Is Looking at the Issuance" of a Stablecoin

Wall Street's sleeping giant just woke up to crypto.

Citi CEO Jane Fraser confirmed the bank is exploring a stablecoin play—because nothing says 'trust us' like a megabank minting its own digital monopoly money.

The 180 no-one saw coming

While Jamie Dimon was busy calling Bitcoin a 'fraud,' Citi's quietly been building blockchain muscle. Now they're ready to flip the script with what could become the first FDIC-backed stablecoin from a Too-Big-To-Fail bank.

Why this changes everything

Forget Tether's sketchy reserves. A Citi-coin would bring institutional-grade collateral—and potentially trigger a domino effect across bulge-bracket banks. JPMorgan's JPM Coin just got put on notice.

The irony? Banks spent years lobbying against crypto... until they realized they could control it. Game on.