Citi Partners with Coinbase to Bring Stablecoin Payments to Businesses

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  "signal_type": "news",
  "signal_subtype": "signs_new_client",
  "detected_at": "2026-09-29T13:20:07+00:00",
  "company": {
    "name": "Citi",
    "domain": "citi.com"
  },
  "data": {
    "url": "https://criptopasion.com/citi-se-asocia-con-coinbase-para-llevar-pagos-con-monedas-estables-a-las-empresas/",
    "title": "Citi Partners with Coinbase to Bring Stablecoin Payments to Businesses - CriptoPasion",
    "excerpt": "Citi and Coinbase are expanding their partnership to help corporate clients accept stablecoin payments while maintaining traditional fiat settlement through regulated banking infrastructure. The agreement allows Coinbase to handle stablecoin transactions and automatic fiat money conversion, while Citi provides settlement services and account infrastructure for businesses.\nCitigroup is partnering with Coinbase to enable institutional clients to accept stablecoin payments through Spring by Citi. The partnership connects blockchain payment rails with Citi's traditional banking infrastructure. Under the agreement, Coinbase will provide the blockchain infrastructure that supports stablecoin payments at the point of sale. The system will automatically convert received stablecoins into fiat, while Citi will settle the proceeds as the bank of record. The structure allows merchants to accept digital asset payments without directly holding or managing stablecoins. As a result, businesses can maintain familiar fiat settlement processes while customers gain another payment option.\nThe service will initially launch in the United States, with additional capabilities expected over the coming months. The development also expands Coinbase's existing payment infrastructure, which supports stablecoin acceptance across multiple networks and merchant applications. Coinbase says its payment...",
    "summary": "Coinbase has selected Citi's virtual account wallet to power its own virtual accounts, offering business clients account-like functionality to manage funds.",
    "planning": false,
    "confidence": 0.8,
    "published_at": "2026-09-29T13:20:07Z",
    "article_sentence": "Coinbase selected Citi's virtual account wallet to power Coinbase's virtual accounts.",
    "related_company_name": "Coinbase",
    "related_company_domain": "coinbase.com"
  }
}

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