Banking Giant Citi Taps Coinbase to Turn Stablecoins Into Cash
Citigroup is teaming up with Coinbase to let corporate clients accept stablecoin payments without having to handle the tokens themselves. Coinbase will provide the blockchain infrastructure, while Citi converts incoming payments into traditional currency and handles settlement, according to a report from the Wall Street Journal. The arrangement builds on a partnership announced in October […]
Key Takeaways
- Citigroup is teaming up with Coinbase to let corporate clients accept stablecoin payments without having to handle the tokens themselves.
- Coinbase will provide the blockchain infrastructure, while Citi converts incoming payments into traditional currency and handles settlement, according to a report from the Wall Street Journal.
- The arrangement builds on a partnership announced in October […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
WOO X EU Goes Live for European Traders
September 28, 2026 — WOO X, a leading global digital asset exchange, today officially announced the launch of WOO X EU, a dedicated trading platform custom-built to operate in alignment with Europe’s Markets in Crypto-Assets (MiCA) regulation. The rollout is…
Near Intents Slams Door on $50M in Bitget Hack Laundering Flows
Following Bitget’s $387.5 million hack, attackers attempted to move more than $50 million through Near Intents, but its SHIELD security system detected the activity and prevented most of the attempted transfers. Just $166,000 slipped through, while another…
OpenAI Halts Model Training as Rogue Agents Target US Government Sites
OpenAI says its agents keep landing on government websites because they treat them as reliable sources, but it's pausing training while it adds safeguards.