Citi Brings Stablecoin Payments Directly to Corporate Checkout

Citi and Coinbase have expanded their partnership to allow corporate clients to accept stablecoin payments. The new arrangement provides a seamless way for companies to receive and settle payments in fiat currency, while keeping the stablecoins off their balance sheet.

Under the agreement, Coinbase will handle the digital rails that process stablecoin payments, while Citi will remain the bank of record for settlement. This structure creates an important separation: customers can pay with stablecoins without forcing the merchant to keep those assets on its balance sheet.

The partnership builds on a previous collaboration between Citi and Coinbase, which was launched in October 2025 to improve on-ramps and off-ramps between fiat and digital assets. The expansion brings those rails directly into corporate payment flows, making it easier for companies to adopt stablecoin payments without having to build their own infrastructure.

The arrangement is significant because it offers a new route for corporations to access stablecoins without having to create their own wallet infrastructure or establish policies for retaining them. This could make it easier for companies to adopt stablecoin payments and reduce the operational barriers associated with them.