Citi has announced a partnership with Coinbase to allow large companies to accept stablecoin payments. This solution aims to facilitate commercial transactions in digital assets for business clients. The agreement comes a few weeks after yield negotiations stalled the Clarity Act bill. This initiative marks a new step in institutional adoption of cryptocurrencies by the traditional banking sector. The partnership between the largest US bank and Coinbase strengthens the latter’s presence in the enterprise payments market.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
