Citi expands Coinbase partnership to power stablecoin payments for businesses

Citi's move signals that major custodial banks now see stablecoin settlement as a corporate-banking feature rather than a crypto-native niche, which matters most for treasury and payments teams weighing whether to route flows through tokenized dollars. The absence of terms or a timeline leaves the real question open: whether this becomes a production rail or a pilot that stalls. Watch for concrete client onboarding and whether peer banks follow with comparable arrangements.