Coinbase Teams Up With Citi on Fiat-to-Stablecoin Business Payments, Wins CFTC Clearinghouse Approval

{
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    "url": "https://www.blockhead.co/2026/09/29/coinbase-teams-up-with-citi-on-fiat-to-stablecoin-business-payments-wins-cftc-clearinghouse-approval/",
    "title": "Coinbase Teams Up With Citi on Fiat-to-Stablecoin Business Payments, Wins CFTC Clearinghouse Approval - blockhead.co",
    "excerpt": "Coinbase has partnered with Citi to offer businesses fiat and stablecoin payment services, with the bank supplying the regulated banking layer underneath. The companies announced two products on Sept. 28, both launching first in the United States. We're bringing stablecoins into the banking system with @Citi . That means instant stablecoin acceptance for institutions - all on bank-grade, regulated infrastructure. The next step for stablecoins becoming everyday money. pic.twitter.com/9ftQ50yl5y The first, Coinbase Virtual Accounts, runs on Citi's Virtual Account Wallet, part of the bank's banking-as-a-service offering. Coinbase describes the accounts as providing \"bank-account-like functionality, the ability to accept, hold, and pay funds, with incoming fiat automatically converted into stablecoins.\" Citi acts as the bank of record and settles the fiat side. The second runs in the other direction. Merchants on Spring by Citi, the bank's payment acceptance platform, will be able to take stablecoin payments at checkout without holding stablecoins themselves. Coinbase converts the incoming digital currency into fiat and Citi settles the funds with the merchant. The companies pitch this as opening Citi's enterprise merchants to a market of more than 150 million stablecoin holders. \"Fintechs building on Coinbase have always needed a fast, compliant bridge between fiat and...",
    "product": "Coinbase Virtual Accounts",
    "summary": "Coinbase and Citi launched Coinbase Virtual Accounts, a service that provides bank-account-like functionality and automatically converts incoming fiat into stablecoins.",
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    "published_at": "2026-09-29T08:19:00Z",
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    "article_sentence": "The first, Coinbase Virtual Accounts, runs on Citi's Virtual Account Wallet, part of the bank's banking-as-a-service offering.",
    "related_company_name": "Citi",
    "related_company_domain": "citi.com"
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curl -X POST https://signals.autobound.ai/v1/companies/enrich \
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