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Citi Partners with Coinbase to Develop Digital Asset Payment Solutions for Global Clients

Citigroup Inc. (NYSE: C) announced a collaboration with Coinbase to build digital asset payment capabilities for its institutional clients. The partnership will focus initially on streamlining fiat pay-ins and pay-outs through Coinbase’s on/off ramps, enhancing the connection between traditional finance and digital assets.

The two firms aim to develop 24/7 payment infrastructure supporting both fiat and stablecoin transactions, expanding accessibility for Citi’s global client base. Future initiatives will include exploring new methods for fiat-to-stablecoin payouts.

Debopama Sen, Citi’s Head of Payments and Services, said the collaboration extends Citi’s “network of networks” strategy across its 94 global markets. Brian Foster, Coinbase’s Global Head of Crypto as a Service, added that the partnership combines Citi’s payment reach with Coinbase’s digital asset expertise to “build infrastructure for the next generation of financial services.”

The move reinforces Citi’s efforts to expand real-time payment solutions, following the rollout of Citi Token Services and 24/7 USD Clearing.
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Author
The Investor 10-27-25