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TL;DRCiti and Coinbase are connecting corporate bank accounts with stablecoin payments in both directions.The two companies expanded their partnership on September 28 with infrastructure that lets Citi’s institutional clients accept stablecoin payments while giving Coinbase business customers acces…
The CLARITY Act has stalled, but the industry is already separating payment stablecoins from the loans, securities and funds that generate returns. Stablecoin yield has not gone away, much to the chagrin of many on Wall Street. The Senate failed to advance the CLARITY Act this month, but it was a close call. It receive
Citigroup Inc. (NYSE: C ) is partnering with Coinbase Global Inc. (NASDAQ: COIN ) to enable stablecoin payments for large institutional clients, pushing deeper into digital assets even after the CLARITY Act failed to advance in the Senate. The partnership will connect Citi’s merchant-processing and banking infrastructu
The companies said Coinbase selected Citi Services’ Virtual Account Wallet to power Coinbase Virtual Accounts, while Spring by Citi will enable institutional clients to accept stablecoin payments at checkout. The initiatives are launching first in the United States.
Circle Internet Group (NYSE: CRCL ) reported second-quarter financial results on Wednesday. The transcript from the company's second-quarter earnings call has been provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. View the webcast at Sum