Citi and Coinbase Unlock Merchant Stablecoin Payments With Fiat Settlement

T2Covered by 1 source · first reported by PYMNTS at 28 Sept, 16:49 UTC

Coinbase deepened its collaboration with Citi to enable businesses to convert incoming fiat into stablecoins and to accept stablecoin payments, Coinbase said in a Monday (Sept. 28) blog post. Coinbase chose Citi’s Virtual Account Wallet to power Coinbase Virtual Accounts, which enable customers to…