Citi Details Stablecoin Checkout With Coinbase and Fiat Payouts
- —Citi and Coinbase are building stablecoin checkout for institutional merchants
- —Merchants would receive fiat payouts without holding digital assets
- —The rollout is US-first, with no timeline disclosed
- —Supported stablecoins have not been specified
Why it matters: A major bank embedding stablecoins into payment rails strengthens institutional adoption of digital assets.
Source: The Defiant