Citi to tie up with Coinbase to boost digital payments for institutional clients
Update: 2025-10-28
Description
**Summary:**Citigroup and Coinbase are joining forces to simplify digital asset payments for large banking clients. This partnership will initially allow institutional users to deposit and withdraw traditional money using Coinbase's platform. The goal is to streamline the process of converting traditional money into cryptocurrencies and back, with a focus on stablecoins. This move comes as the crypto industry is booming, with the U.S. government signaling support for growth and investment in digital assets. More details about the services and features will be announced soon.
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