Citigroup CEO Backs Tokenized Deposits, Says Too Much Focus on Stablecoins

Citigroup's Chief Executive Officer has expressed strong support for the concept of tokenized deposits, emphasizing that the current financial landscape places excessive emphasis on stablecoins. He believes that while stablecoins are gaining significant attention and popularity, it is essential to also consider the advantages and potential of tokenized deposits as an innovative approach to modern banking and financial transactions. source: https://www.coindesk.com/markets/2025/10/14/there-s-an-overfocus-on-stablecoin-citi-ceo-backs-tokenized-deposits