Citigroup Sees Stablecoin Topping $3.7 Trillion by 2030

April 25, 2025

Catenaa, Friday, April 25, 2025-Citigroup (Citi) said Thursday that stablecoin could evolve into a multi-trillion-dollar asset class by 2030, as adoption accelerates amid a shifting regulatory landscape. In a new report, the banking giant estimated that total stablecoin supply may climb to $1.6 trillion by the end of the decade, with a high-end scenario approaching […]

Major US Banks Exit Net-Zero Climate Alliance

January 6, 2025

Catenaa, Monday, January 06, 2025 – Bank of America, Citigroup, and Morgan Stanley have announced their departure from the United Nations-backed Net-Zero Banking Alliance (NZBA), following similar exits by Goldman Sachs and Wells Fargo last month.The is a notable move particularly in the current trend of major institutions moving towards cryptocurrencies as cryptocurencies use large […]

US Recession Risk Hits 37% Amid Tariff Tensions

April 22, 2025

Catenaa, Tuesday, April 22, 2025– US recession odds have increased by a minimum of 37% through analysis given by investments firms and IMF due to US trade tariffs and trade war with China. Citigroup’s Chief Economist Nathan Sheets said on Tuesday the U.S. has a 40% to 45% chance of recession. Sheets told clients in […]