Citigroup and Coinbase have announced a new service that automates the conversion of stablecoins, such as USDC, into fiat currency and vice versa. This service, launched in the United States, aims to simplify transactions for institutional clients by integrating stablecoin payments into traditional banking systems. This collaboration marks a significant step toward mainstream adoption of stablecoins in the financial sector, positioning them not as a distinct cryptocurrency workflow, but as a component integrated into existing financial infrastructure.
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