Citi does not see tokenized deposits and stablecoins as rivals, but as two routes to the same goal.
@RyanRRugg, Head of Digital Assets
@Citi , on the latest episode of Tokenized with
@sytaylor and
@rangoldi said:
"Imagine being able to bring tokenized deposits and stablecoins together to be able to have that fungibility between cash and tokens instantly."
Citi is live with tokenized deposits in five branches globally and has grown volumes from millions to billions in a year.
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