Citigroup is exploring the possibility of issuing its own stablecoin, according to the CEO. This move would make Citigroup the latest major financial institution to venture into the world of digital currencies. Stablecoins are cryptocurrencies that are pegged to a stable asset, such as the US dollar, to minimize volatility.
Read more at Investing.com: Citigroup considers issuing its own stablecoin, CEO says