Citi, Coinbase Partner to Streamline Fiat–Crypto Transfers for Institutional Clients

Citi and Coinbase have agreed to collaborate on
digital asset payment capabilities for institutional clients. The companies plan to
streamline how organizations move funds between fiat and digital asset
platforms.

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According to the announcement, their first goal
targets a pain point for large organizations: moving money efficiently between
fiat accounts and digital asset platforms.

Enabling Access to Coinbase on and off Ramps

The collaboration will focus on simplifying pay-ins
and pay-outs, improving access to Coinbase’s on- and off-ramps, and introducing
better orchestration for payment flows around the clock.

The two firms plan to share more details in the coming
months. Early discussions…

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