Coinbase and Citi Are Making the Stablecoin-Bank Divide Disappear
Stablecoins have made moving digital dollars faster. They have not made the banking system disappear.For businesses, that creates an awkward reality. Money can arrive through a bank account and need to move onto a blockchain, or arrive as a stablecoin and ultimately need to land in the traditional banking system. Connecting those environments often requires multiple providers, accounts and conversion steps.Coinbase and Citi are now trying to compress that process into infrastructure businesses c