Crypto

Citi Joins Forces with Coinbase to Bring Stablecoins to Institutional Clients

Guavy AI Editorial Team Published October 3, 2026

Coinbase CEO Brian Armstrong highlighted a significant shift in the banking sector's approach to cryptocurrency. He noted that when Coinbase began, partnering with banks was nearly impossible.

However, Citi is now working with Coinbase to bring stablecoins to institutional clients. This partnership represents a major milestone for the industry.

Armstrong acknowledged the progress made since 2012 and thanked Citi for its collaboration.

The Wire

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