JUST IN: 🇺🇸 Tether appoints former White House Crypto Council Executive Director Bo Hines as strategic advisor for digital assets and U.S. strategy. https://t.co/7Ufw4nHWjv ...

Policy & Regulation - The GENIUS ACT is essential for securing American leadership in digital assets [1] - Stablecoins will expand dollar access for billions globally [1] Market Impact - Stablecoins may lead to a surge in demand for U S Treasuries [1]

🇺🇸 U.S. Treasury Secretary Bessent: "GENIUS Act is essential to securing American leadership in digital assets." https://t.co/Ep5uFB2XP9 ...

I can't believe this Wall Street legend just said this about crypto. Investing expert Rick Edelman has just issued a 60-day warning for all crypto investors. You have 60 days before billions, if not trillions, enter the crypto space.Uh and I do expect that Bitcoin will continue to rise to ever more all-time highs. I think that it'll end the year over 150,000. I think it'll be 500,000 by the end of the decade.Another major piece of crypto legislation is about to get passed in the United States. You have 60 d ...

📊 STATS: 75% of global fund managers have zero crypto allocation in their portfolios, while only 9% hold any digital assets, according to BofA's latest survey. https://t.co/JdKTEcAyAl ...

The Federal Reserve said it will wind down a Biden-era initiative that was designed to step up scrutiny of lenders’ involvement in digital assets, building on recent moves from US regulators to embrace the crypto industry https://t.co/YVlSKSUJDL ...

Core Insights - Citigroup is exploring involvement in stablecoins, including providing stablecoin-powered payments and custody services for assets backing stablecoins and crypto-related investment products [2] - The bank is considering issuing its own stablecoin, indicating a serious commitment to digital assets [2][3] - Citigroup's CEO highlighted the bank's blockchain-based solution for transfers using tokenized U.S. dollars, emphasizing its potential for corporate clients [3][4] Group 1: Citigroup's Stablecoin Strategy - Citigroup is looking to integrate stablecoins into the mainstream economy, potentially serving as the cash leg for tokenized financial assets and payments for SMEs and large corporates [6] - The bank's Citi Token Services (CTS) platform aims to provide real-time treasury and liquidity management using tokenized fiat currency on blockchain [4] - Citigroup expressed excitement about the new U.S. stablecoin law, which could enhance their ability to compete in the stablecoin market [5] Group 2: Industry Context - Other banks, such as JPMorgan, are also focusing on stablecoin infrastructure as part of their long-term strategies for cross-border payments and corporate treasury modernization [6][7] - JPMorgan's CEO indicated the necessity for the bank to engage more fully in the stablecoin industry due to the competitive landscape created by FinTechs [7]

🇺🇸 INSIGHT: The United States Government has $24B in digital assets.(h/t @arkham) https://t.co/9FTyYUSEBS ...

Digital Asset Strategy - Citigroup is exploring stablecoin custody, payments, and crypto ETF services [1] - The exploration follows new U S legislation enabling broader adoption of digital assets [1]

Crypto Services Expansion - Citigroup is considering offering custody and payment services for stablecoins and crypto ETFs [1] - The initial focus is on providing custody for high-quality assets backing stablecoins [1] - Exploration of custody for digital assets supporting products like bitcoin spot ETFs is underway [1] Payment Innovation - Citigroup is developing services to use stablecoins to enhance cross-border payments [1] - The aim is to enable instant settlement through stablecoin utilization [1]