Citigroup to Offer Stablecoin Payments, Riding Wave of Digital Dollar Adoption

Citigroup is poised to become a pioneer in Wall Street’s digital payments landscape by partnering with Coinbase to offer stablecoin services. This strategic move follows the passage of the GENIUS Act, which set regulations for stablecoins and could usher in a new era of tokenized dollars. 5th largest bank, Citi will leverage its expertise to facilitate seamless money transfers between fiat and cryptocurrency, enhancing efficiency and speed for its clients.