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Citi and Coinbase partner to offer stablecoin payments to institutions

Citigroup and Coinbase have announced a strategic partnership to deliver stablecoin-powered payment solutions to institutional clients.

• Citi and Coinbase partnered to offer stablecoin payment solutions to institutional clients
• Initial services focus on smoother fiat pay-ins and pay-outs for Coinbase's on-ramp and off-ramp transactions
• The partnership launches first in the United States, with more institutional features planned later