According to a report by Reuters, Biswarup Chatterjee, head of Citigroup, stated in an interview that Citigroup is exploring the provision of stablecoin custody and other services, as well as custody services for digital assets that support cryptocurrency-related investment products. Additionally, Citibank is developing a service that allows customers to transfer stablecoins between accounts or convert them into dollars for instant payments, and is discussing related use cases with clients.