Citi and Coinbase Expand Stablecoin Payments for Businesses
The U.S. launch pairs bank account functionality with stablecoin payment rails, letting businesses use digital payments without directly managing stablecoins.
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The U.S. launch pairs bank account functionality with stablecoin payment rails, letting businesses use digital payments without directly managing stablecoins.
The arrangement pairs Coinbase’s blockchain rails with Citi’s settlement role, connecting corporate payment flows to stablecoins and bank accounts.
The partnership points to a push to make stablecoin payments more accessible to institutional clients, linking a major bank with a crypto exchange.
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The partnership puts stablecoins closer to the payment workflows of traditional finance, though the announcement does not specify which stablecoins or when the service will launch.
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