Citi and Coinbase Working Together To Build Stablecoin Infrastructure for Businesses

Citi and Coinbase are collaborating to develop stablecoin infrastructure aimed at helping businesses make payments and move funds using digital assets. The partnership combines Citi’s banking and payments capabilities with Coinbase’s crypto infrastructure, potentially improving stablecoin settlement, treasury management, and cross-border transactions. The initiative signals growing institutional acceptance of stablecoins and could strengthen Bitcoin’s broader ecosystem by expanding regulated crypto rails, though it is not a direct Bitcoin-specific development.