Citi and Coinbase Join Hands to Simplify Crypto Transactions

Citi, a major player on Wall Street, has decided to work with Coinbase, a popular crypto exchange, to make things easier for big companies dealing with digital money. They want to make it simpler to move regular money in and out of crypto. This is just the start. Citi plans to make these transactions faster and smoother. They want to connect old-school banking with the new world of crypto. This way, big companies can move money around the world without any hassle. Citi's boss in charge of payments, Debopama Sen, is excited about this team-up. She said the world of money is changing quickly. With over 300 payment networks in 94 countries, working with Coinbase just makes sense. It's like having a superhighway for money, no matter where you are. But why is this important? Well, more and more people and companies are getting into crypto. This partnership could make it easier for them to use digital money in their everyday dealings. It's a big step towards making crypto a part of the regular financial system.