Citi Partners With Coinbase to Enable Stablecoin Payments
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11 Articles
Citigroup is partnering with Coinbase to bring traditional banking infrastructures closer to blockchain payments. The partnership is primarily aimed at institutional customers and must facilitate conversions between traditional currencies and digital assets, together with the online stablecoins of focus. The article Citi and Coinbase join together to accelerate payments to stablecoins appeared first on Cryptoast.
Citibank has signed an agreement with Coinbase to bring payments in stablecoin to the bank's institutional customers. This is reported in the Wall Street Journal, citing Citigroup's expansion in the field of digital assets. Key points Citibank and Coinbase have started a partnership to enable stablecoin payments to institutional customers. [...]
Citi and Coinbase announced a collaboration to explore payments and transfers with stablecoins aimed at institutional clients, with an emphasis on facilitating the conversion between fiat money and digital assets, accelerating international operations and offering continuous services 24 hours. The initiative reflects the growing interest of traditional banking to integrate blockchain infrastructure into their payment systems.
Citi Partners With Coinbase to Enable Stablecoin Payments
The post Citi Partners With Coinbase to Enable Stablecoin Payments appeared first on Coinpedia Fintech News Citigroup has partnered with Coinbase to enable stablecoin payments for institutional clients. Citi’s corporate customers will be able to accept stablecoins through its merchant-processing services, convert fiat into crypto or stablecoins, make on-chain payments and convert funds back to fiat. Citi operates across 94 markets and more than …
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