NEW YORK, July 15 (Reuters) - Citigroup ( C/PN ) may issue

its own stablecoin in an effort to facilitate digital payments,

the bank's CEO, Jane Fraser, told analysts on a post-earnings

conference call on Tuesday.

"We are looking at the issuance of a Citi stablecoin, but

probably most importantly is the tokenized deposit space, where

we're very active," she said. "This is a good opportunity for

us."

The third largest U.S. lender is also exploring reserve

management for stablecoins and providing custody solutions for

crypto assets, Fraser said.

Citigroup's ( C/PN ) shares briefly touched their highest level since the

2008 financial crisis after the bank reported second-quarter

results that beat Wall Street estimates and said it plans to buy

back at least $4 billion in stock.