Coinbase and Citi collaborate to build the future of payments

Today we’re announcing a collaboration with Citi that’s focused on solving a key challenge: making it easier for Citi’s clients to leverage the power of digital assets and stablecoins to facilitate the transmission of value. The ability to easily orchestrate transactions on blockchains and convert between fiat and digital assets—whether to settle payments, manage treasury, or drive efficiencies across financial infrastructure—is critical, and we’re excited to work with Citi to bring this technology to their clients.

This collaboration will combine Coinbase’s years of experience building secure, streamlined, and scalable infrastructure for digital assets with Citi’s global payments network that spans 94 markets and over 300 payment clearing systems. Together we’re working to create innovative payment solutions for institutions operating at scale.

Our collaboration will focus on improving on-ramps and off-ramps—the systems that allow institutions to convert between fiat and digital assets, payment solutions including stablecoins, and other infrastructure initiatives. These tools are the foundation for integrating digital assets into the broader financial system, and we’re exploring ways to make them faster, more reliable, and available 24/7.

This collaboration is part of our broader mission to make digital assets a trusted and integral part of the global economy. By working with Citi and other major banks, asset managers, payment service providers, and other financial institutions, we’re building the infrastructure that the global economy needs to adopt and scale digital asset solutions.

We’ll share more about this work in the coming months. For now, we’re focused on building leading tools that can power the next generation of financial services.