Citigroup CEO Backs Tokenized Deposits, Says Too Much Focus on Stablecoins

Speaking on her bank’s earnings call, Citi CEO Jane Fraser said tokenized deposits offer faster, safer infrastructure and fewer AML and compliance burdens for the next era of digital finance.

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💡 DMK Insight

Jane Fraser's comments on tokenized deposits highlight a significant shift in how traditional banking is approaching digital finance. By emphasizing faster and safer infrastructure, she suggests that banks are recognizing the need to adapt to a rapidly evolving landscape, where efficiency and compliance are paramount. This could reshape sentiment around digital assets, as investors may note that established institutions are not only embracing innovation but also actively seeking to mitigate regulatory risks.