Citi and Coinbase have announced a major partnership to enhance digital asset payment capabilities for Citi’s institutional clients. The collaboration aims to bridge traditional finance with the crypto world, starting with fiat pay-ins and pay-outs to support Coinbase’s on/off-ramps. Both companies plan to introduce seamless, 24/7 payment solutions, making it easier for global clients to move between fiat and digital assets.

Citi’s Head of Payments Services, Debopama Sen, highlighted the move as part of Citi’s “network of networks” strategy, leveraging its 300 payment networks across 94 markets to simplify cross-border transactions. Coinbase’s Brian Foster emphasized that the partnership combines Citi’s global reach with Coinbase’s expertise in digital assets to create next-generation financial infrastructure.

This collaboration strengthens Citi’s growing digital payments portfolio, building on services like Citi Token Services and 24/7 USD Clearing. With a client base that includes 90% of top eCommerce companies, Citi is positioning itself at the forefront of the crypto-integrated financial ecosystem.

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