Coinbase and Citi Team Up To Fix Crypto’s Biggest Roadblock For Institutional Money—Here’s Why That Matters
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The gap between traditional finance and digital assets just got narrower. Coinbase Global Inc. (NASDAQ:COIN) and Citigroup Inc. (NYSE:C) announced a collaboration last week aimed at making it easier for large institutions to move money using stablecoins and other digital assets—a development that could accelerate crypto’s integration into mainstream finance.
For years, institutional investors have faced a critical bottleneck: the difficulty of smoothly converting between traditional currencies and digital assets at scale. This partnership targets that exact friction point, combining Coinbase’s infrastructure expertise…
