Coinbase and Citi Bridge Fiat and Stablecoins for Corporate Clients
Coinbase and Citi are expanding their partnership to connect stablecoin payments with regulated banking infrastructure. The collaboration links Coinbase's payment rails with Citi's regulated banking network, allowing institutional clients to accept stablecoins through Spring by Citi.
Citizens National Bank is using its Virtual Account Wallet for business accounts that can automatically convert incoming fiat into stablecoins, creating a closer link between traditional finance and blockchain payments. This means merchants can offer stablecoin checkout without directly managing stablecoin balances.
The partnership builds on an agreement announced in October 2025, when the companies began exploring digital-asset payment capabilities for institutional clients. Their initial work focused on fiat pay-ins and pay-outs, payment orchestration, and improved on- and off-ramps between traditional currencies and digital assets.