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Citigroup CEO Advocates for Tokenized Deposits Over Stablecoins

Citigroup CEO Advocates for Tokenized Deposits Over Stablecoins

Author:

Global Cryptocurrency

Published:

2025-10-14 19:52:02

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BTCCSquare news:

Citigroup CEO Jane Fraser has positioned tokenized deposits as the cornerstone of future financial infrastructure, diverting attention from stablecoins during the bank's third-quarter earnings call. Fraser's remarks underscore a strategic pivot toward blockchain-based traditional banking instruments rather than crypto-native alternatives.

The banking executive's comments reflect growing institutional interest in digitizing conventional financial products. Tokenized deposits—bank-issued digital representations of fiat currency—offer regulatory clarity and institutional familiarity that stablecoins currently lack.

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