Citi expands collaboration with Coinbase to link fiat and stablecoin payments

• Citigroup expanded its collaboration with Coinbase to connect fiat banking rails with stablecoin payments for corporate and consumer use cases.
• Coinbase selected Citi’s Virtual Account Wallet to power Coinbase Virtual Accounts, offering bank-account-like fiat functions with automatic stablecoin conversion.
• Citi will let institutional clients accept stablecoin payments at checkout via Spring by Citi, with Coinbase Payments converting to fiat for settlement.
• Rollout starts in the U.S., targeting always-on payments while reducing the need for clients to build separate blockchain infrastructure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Citigroup Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260928314097) on September 28, 2026, and is solely responsible for the information contained therein.