Catenaa, Saturday, November 01, 2025- Coinbase and banking giant Citi announced Monday they are exploring digital payment solutions for institutional clients, including fiat-to-onchain stablecoin payouts.
The partnership aims to combine Coinbase’s digital asset expertise with Citi’s global payment infrastructure to simplify cross-border transactions and expand access to stablecoin-based services.
Coinbase CEO Brian Armstrong described stablecoins and digital assets as tools to modernize the financial system, emphasizing collaboration with Citi to improve adoption and utility among the bank’s institutional network.
Citi’s Head of Payments and Services, Debopama Sen, said the partnership aligns with the bank’s “network of networks” approach, supporting payments across 94 global markets and 300 clearing networks.
The joint exploration will initially focus on digital asset payment options tailored for Citi’s institutional clients. The firms said updates on stablecoin payout solutions will be shared in the coming months.
Coinbase’s global head of crypto-as-a-service, Brian Foster, highlighted that combining Citi’s reach with Coinbase’s crypto capabilities could streamline access to digital asset payments.
This move comes amid growing engagement by traditional financial institutions in digital assets, signaling broader integration of cryptocurrencies into mainstream banking.
Coinbase has also pursued new revenue streams, including trading services and prediction markets, as competition intensifies from established financial firms entering the digital-asset space.
Industry observers note the collaboration could accelerate adoption of stablecoins for institutional purposes, providing regulated, efficient, and transparent alternatives to traditional payment rails.
Both companies emphasized that the partnership seeks to balance innovation with compliance, using established banking frameworks to support emerging crypto infrastructure.
