# Citi and Coinbase announce bank-linked stablecoin payment features

_Published Thursday, October 1, 2026 at 5:20 AM EDT · Products · Latest · Tier 2 — Notable_

![Citi and Coinbase announce bank-linked stablecoin payment features — Primary](https://s.yimg.com/lo/mysterio/api/b36c4108ed3a262f7b33b6dbe5d760ed5d130bf8ea4e1be362fcca2c6eeaff08/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fsimply_wall_st__316%2F7658f2bb746c07f99672469f4443985e.jpg)

Citi and Coinbase announced features linking Citi's banking infrastructure with Coinbase's stablecoin systems, Yahoo Finance reports. Citi's Virtual Account Wallet for Coinbase will automatically convert client fiat balances into stablecoins and convert incoming stablecoins back into fiat.

Merchants using Citi's Spring platform will be able to accept stablecoin payments while keeping settlement within Citi's regulated banking system. The partnership connects Coinbase's payments infrastructure to Citi's cash management and merchant platforms, supporting Coinbase's effort to earn more service revenue alongside its trading business. Client adoption and US rollout progress remain the next markers for the deployment.

## Sources

- [finance.yahoo.com](https://finance.yahoo.com/markets/crypto/articles/coinbase-global-coin-opens-regulated-211637977.html)

---
Canonical: https://techandbusiness.org/newswire/69Ni9eP8u8ovKRx9II-kQX
Published: 2026-10-01T09:20:18.655Z
Story chronology: 2026-09-30T21:16:37.000Z
Retrieved: 2026-10-01T12:41:52.976Z
Publisher: Tech & Business (techandbusiness.org)