# Citigroup Partners With Coinbase to Expand Stablecoin Payments for Businesses

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/24872
Published: 2026-09-28T11:33:13.000Z
Updated: 2026-09-28T11:33:13.000Z
Section: Business

> The collaboration will connect Citi’s merchant-acquiring services with Coinbase’s stablecoin payment infrastructure and banking tools.

Citigroup is partnering with Coinbase to help corporate clients accept stablecoin payments, linking the bank’s merchant-acquiring services with Coinbase’s crypto payment infrastructure.

Under the arrangement, Coinbase will provide the stablecoin payment channel and underlying blockchain technology. Stablecoin receipts will be converted automatically into fiat currency, while Citigroup will handle the related account records and settlement.

Coinbase’s payment customers will also be able to use banking-style tools to receive, hold and send funds. Cash received through those tools can be converted automatically into stablecoins and held through Coinbase.

The partnership deepens the connection between traditional banking and blockchain-based payments. It also gives companies a way to accept digital-dollar payments while relying on a bank for settlement and a crypto platform for blockchain access.