Citigroup (C) CEO Jane Fraser offered a clear stance on the future of digital finance, telling investors that tokenized deposits — not stablecoins — will be the primary engine behind next-generation payments and financial market infrastructure.
STORY CONTINUES BELOW
Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters svg]:max-w-[theme(spacing.8)] transition-transform-colors-opacity motion-reduce:transition-none text-default-foreground data-[hover=true]:opacity-hover w-full md:w-auto bg-new-yellow”>
Sign me up
Trending: HILARIOUS! They Just Made Another One!
By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy.
Speaking on an investor call following the bank’s third-quarter earnings release on Tuesday, Fraser explained that institutional clients are asking for seamless, real-time cross-border money movement that is low-cost
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!