Citigroup Says Corporate Clients Prefer Tokenized Deposits
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AI-assisted source synthesis · not an independent investigation.
On October 14, 2026, PYMNTS reported that Citigroup CEO Jane Fraser said Citigroup’s corporate clients prefer tokenized deposits over stablecoins. She said that these tokenized deposits are supported by blockchain, but the funds remain within the regulated banking system. Compared with stablecoins, corporate clients choose tokenized deposits because of lower complexity in areas including accounting, taxation, and compliance. The report did not disclose the specific number of clients, transaction volume, or Citigroup’s timeline for launching related products, nor did it mention the preferences of individual clients.
AI-written from reports · updated 5 days ago
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- PYMNTSCiti CEO Jane Fraser: Corporate clients prefer tokenized deposits over stablecoins
Citi CEO Jane Fraser said institutional clients prefer blockchain-backed tokenized deposits that remain within the regulated banking system over stablecoins, in part because they involve less accounting, tax, and compliance complexity.
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