Citi Taps Coinbase to Enhance Crypto Payments for Institutions

Wall Street bank Citi and crypto exchange Coinbase are teaming up to "boost digital-asset payment capabilities" for the bank's institutional clients. In the initial phase, the bank will fiat pay-ins and payouts and improve orchestration to better bridge traditional finance with crypto on- and off-ramps, Citi said in a press release. “The financial landscape is changing fast, and we’re thrilled to join Coinbase to explore new and innovative payment options for our global clients,” Debopama Sen, the head o ...