## Citi Clients Can Now Take Stablecoin Payments Through Coinbase—Without Touching Crypto ## Coinbase and Citi expanded an existing deal so Citi's institutional clients can accept stablecoin payments, while Coinbase business accounts run on Citi's banking rails. ### In brief - Citi's institutional clients can now accept stablecoin payments through Spring by Citi, with Coinbase converting the tokens to fiat and Citi settling the funds. - Coinbase is using Citi's Virtual Account Wallet to power Coinbase Virtual Accounts, which automatically convert incoming fiat into stablecoins. - Both…