Citi Taps Coinbase to Bridge Traditional Finance and Blockchain

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In a significant move that blurs the lines between traditional finance and the crypto economy, banking giant Citi is partnering with Coinbase to overhaul digital payments.

The alliance will primarily focus on creating seamless stablecoin payout systems for Citi’s vast network of institutional clients, signaling a major step towards the integration of blockchain technology within mainstream finance.

“This collaboration is about building the financial infrastructure of the future,” said a Coinbase executive. The partnership comes as Coinbase aggressively expands its revenue streams beyond mere trading, while traditional banks like Citi increasingly move to capture a share of the digital asset market.