Citigroup Teams Up with Coinbase to Offer Stablecoin Payments for Institutional Clients

Citigroup and Coinbase have announced a collaboration focused on creating stablecoin payment solutions for their institutional clients. This partnership will leverage blockchain technology to enable enhanced cross-border settlements. While no immediate changes in market valuations or on-chain metrics are visible, the potential for increased stablecoin adoption is significant, especially with Coinbase’s established crypto infrastructure.