Every story we've covered involving crypto-stablecoins.
Citi and Coinbase announced a partnership that lets Citi business clients accept or send stablecoin-denominated payments while the banks and customers never directly hold tokens or manage wallets; Coinbase converts stablecoins to dollars behind the scenes and Citi processes the resulting deposits like standard payments. Markets reacted modestly: major crypto tokens rose 1-3% and Bitcoin traded around $84.4k, while an institutional buyer labeled Strategy purchased 1,665 BTC for roughly $142.7 million, restoring its prior holdings.
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