đš CITIBANK + COINBASE: STABLECOIN PAYMENTS
Citigroup and Coinbase are partnering to help institutional clients accept stablecoin payments from customers. Coinbase will provide the blockchain payment infrastructure, while Citi will handle the banking side of settlement.
The Wall Street Journal
đč Stablecoins meet traditional banking
đč Coinbase provides the blockchain payment rails
đč Citi handles the settlement as the bank of record
đč The partnership focuses on institutional payments
đ Why is this interesting?
It shows another example of traditional financial institutions exploring blockchain-based payment infrastructure.
Could stablecoins become a bigger part of global payments? đ
#Stablecoin #CryptoNews #DigitalAssets #BinanceSquare $NVDAB
Citigroup and Coinbase are partnering to help institutional clients accept stablecoin payments from customers. Coinbase will provide the blockchain payment infrastructure, while Citi will handle the banking side of settlement.
The Wall Street Journal
đč Stablecoins meet traditional banking
đč Coinbase provides the blockchain payment rails
đč Citi handles the settlement as the bank of record
đč The partnership focuses on institutional payments
đ Why is this interesting?
It shows another example of traditional financial institutions exploring blockchain-based payment infrastructure.
Could stablecoins become a bigger part of global payments? đ
#Stablecoin #CryptoNews #DigitalAssets #BinanceSquare $NVDAB