Citi and Coinbase link fiat and stablecoin payments for businesses
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Citi and Coinbase Expand Collaboration to Connect Digital and Fiat Payments for Corporations and Consumers
September 28, 2026 10:31 AM EDTThe collaboration solves operational complexity and risk for businesses connecting traditional banking services with blockchain rails without requiring separate systems. Coinbase selects Citi Services Virtual Account Wallet (via Banking-as-a-Service) to power Coinbase Virtual Accounts, delivering bank-account-like functionality with automatic fiat-to-stablecoin conversion. Spring by Citi will enable institutional clients to accept stablecoin payments at checkout, powered by Coinbase Payments, with automatic conversion to fiat and settled by Citi as the bank of record.
NEW YORK--(BUSINESS WIRE)-- As demand for 24/7 and always-on financial services accelerates, corporate and financial institutional clients face operational... More
