Citigroup Eyes Crypto Boom as Stablecoins and ETFs Surge in Popularity

The crypto market is witnessing a shift from fear to acceptance. Citigroup sees an opportunity in this evolving landscape, viewing it not as a risky minefield but as a testing ground for financial innovations. Institutional investors are entering the market, exploring opportunities similar to investing in real estate, and banks are following suit. Digital asset custody services, ETFs tied to cryptocurrencies, and 24/7 blockchain payments represent the current wave of change.