Citi will start offering bitcoin custody services for institutional clients within this year, Cryptopolitan reported. Citi said it plans to incorporate bitcoin into Custody+, the platform its Investor Services unit uses for traditional securities. Clients will be able to view and manage traditional holdings and bitcoin in one place. The bank said the service operates on a single framework shared by tokens and traditional securities and includes features such as real-time services and instant settlement.

Visa has unveiled a stablecoin strategy that includes OpenUSD, tokenised deposits and onchain wallet infrastructure. The company said it is expanding investment across the stablecoin ecosystem and has joined the Open Standard Consortium to pursue issuance of the OpenUSD stablecoin for global fund transfers. Visa plans to let partners settle directly with it in stablecoins and to support movement between fiat currencies and stablecoins. It also plans to support tokenised deposits by linking its platform with Pismo.