In short
Citi customers can receive payments in stablecoins without needing to interact directly with cryptocurrencies.
Coinbase exchanges the tokens for dollars while Citi settles the cash.
Citi’s CEO chairs a banking lobby that urged senators to ban stablecoin yields.
Read the original story: Citi grants stablecoins a corporate fast track: details by Lockridge Okoth on es.beincrypto.com