Citi to Offer Stablecoin Checkout for Corporate Clients, With Coinbase Handling the Conversion

Citi will offer stablecoin checkout for corporate clients, with Coinbase handling conversion. Merchants processing payments through Citi can accept stablecoins at checkout and settle in fiat. Coinbase Virtual Accounts will run on Citi's banking infrastructure, enabling seamless crypto-to-fiat transactions for businesses.