Citi and Coinbase Deepen Partnership on Stablecoin Payments

Citi and Coinbase have expanded their partnership to allow institutional clients to accept stablecoin payments through Citi's Spring platform and Coinbase rails.

The deal, announced on September 28, 2026, marks a significant shift in the way stablecoins are regulated and used by corporate treasuries.

Under the agreement, Coinbase will use Citi's Virtual Account Wallet to settle stablecoin payments, while Citi's Spring platform enables institutional clients to accept these payments via Coinbase rails.

This development is seen as a major step forward for corporate stablecoin adoption, as it allows companies to integrate stablecoins into their payment stacks without having to choose between fiat accounts and stablecoin networks.