Corporate Treasury Weighs Tokenized Deposits Against Stablecoins

Citi CEO Jane Fraser said corporate finance clients are seeking tokenized deposits, highlighting priorities around bank relationships, liquidity control, compliance, settlement infrastructure, and payment automation. New OCC stablecoin rules specify reserve backing, redemption, custody, risk management, and reporting, with most provisions effective January 18, 2027; AML and sanctions rules and issuer applications remain pending. Treasury teams should weigh governance and controls alongside settlement potential.