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Citi Goes Crypto: Bank Teams Up With Coinbase to Pilot Stablecoin Transfers

Wall Street just got a little more onchain--Citi is teaming up with Coinbase to explore stablecoin payments for its institutional clients. Citigroup Inc. and Coinbase Global Inc. are joining forces to pilot stablecoin payments, aiming to make crypto-to-fiat transfers faster and cheaper for Citi's corporate customers. Bloomberg's Emily Mason first reported the partnership, noting that [...]