Citi and Coinbase Integrate Stablecoin Payments into Corporate Banking
Citi and Coinbase have expanded their partnership to introduce new stablecoin and fiat payment infrastructure for corporate clients. The collaboration allows Citi's business customers to accept stablecoin payments, with Coinbase providing the blockchain rails and fiat conversion services. Additionally, Coinbase business users can utilize Citi-powered virtual accounts to facilitate automated transfers between fiat currency and stablecoins.
Summaries are written by AI from the original article. Not investment advice.