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Citi clients can accept stablecoin payments via Coinbase
The expansion lets Citi institutional clients receive stablecoin payments through Coinbase business accounts that run on Citi’s banking rails.
Decrypt reports that Coinbase and Citi expanded an existing deal to allow Citi’s institutional clients to accept stablecoin payments.
The update ties Coinbase business accounts to Citi banking rails, according to Decrypt, so payments can be handled without Citi clients needing to directly touch crypto.
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