Citi and Coinbase are expanding their partnership to include corporate stablecoin payments, according to a report by the Wall Street Journal. The firms have been working together since October 2025, initially focusing on fiat funding and withdrawals for Coinbase's on- and off-ramps. This new development suggests that the collaboration is gaining momentum and exploring new applications for stablecoins in the corporate world. Stablecoins are digital currencies pegged to the value of a fiat currency, offering a stable store of value and reduced volatility for transactions.
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.
The partnership between Citi and Coinbase could have significant implications for the adoption of stablecoins in corporate payments. As a major bank and a leading cryptocurrency exchange, their collaboration brings together significant expertise and resources in the space.