Coinbase and Citi Unveil Integrated Stablecoin Payments Solution

Coinbase and Citi have expanded their payments collaboration by connecting Citi's Virtual Account Wallet to Coinbase Virtual Accounts. This integration aims to provide businesses with a bank-account-like functionality while automatically converting incoming fiat into stablecoins.

The rollout, planned for the United States, is part of an existing collaboration between the two companies that began in 2025. The partnership focuses on fiat-to-digital-asset conversion, stablecoin payment solutions, and institutional payment infrastructure.

Under the new arrangement, Citi's Virtual Account Wallet powers Coinbase Virtual Accounts. This setup enables businesses to use the accounts for payment functionality while the conversion between fiat and stablecoins is automated within the workflow.