Citi to Offer Stablecoin Checkout for Corporate Clients, With Coinbase Handling the Conversion
Citi partners with Coinbase to let merchants accept stablecoins at checkout while settling in fiat, with Coinbase converting tokens on Citi’s banking platform.
Citi announced a new stablecoin checkout feature for its merchant services, integrating Coinbase’s conversion infrastructure to swap stablecoins to fiat at settlement.
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Official partnership between Citi and Coinbase for stablecoin checkout is a major institutional payment infrastructure upgrade.