Citi and Coinbase pair merchant stablecoin payments with fiat settlement
PYMNTS reports that Coinbase has deepened its collaboration with Citi to enable businesses to convert incoming fiat into stablecoins and accept stablecoin payments.
TLDR
PYMNTS reports that the Citi–Coinbase collaboration pairs merchant stablecoin payments with fiat settlement. It is intended to enable businesses to convert incoming fiat into stablecoins and accept stablecoin payments.
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