Big companies that bank with Citi can now let their customers pay in stablecoins. The company never holds a token, never opens a crypto account, and never sees a wallet address. Coinbase turns the stablecoins into dollars behind the scenes, and Citi deposits the money like any other payment.
That’s the whole product, and the point is what’s missing from it. There’s no crypto part for the business to learn.
It works both ways. Companies building on Coinbase can now open accounts that behave like bank accounts, powered by Citi’s banking software. Dollars that come in get turned into stablecoins automatically.
Citi’s customers get paid in stablecoins and receive dollars. Coinbase’s customers get paid in dollars and receive stablecoins. Whoever you bank with, the money arrives in the form you already use, and the conversion happens where you can’t see it.
This is how the technology actually wins, when it’s behind the scenes. Nobody buys a coin. Nobody downloads a wallet. A company adds a payment option, and somewhere in the plumbing a stablecoin moves in seconds instead of a wire taking two days. Coinbase says more than 150 million people worldwide hold stablecoins, and this is a way to accept money from all of them without joining their world. Soon that number will be in the billions…
Macro Crypto and Markets
- Crypto majors are green up 1-3%; BTC +2% at $84.4k; ETH +3% at $2,730; SOL +1% at $120; HYPE -1% at $88.70; ZEC -8% at $1,450
- Top alt movers include CRV (+20%), AAVE (+16%), ETHFI (+11%) and LINK (+9%)
- Oil -4% at $92; Gold even at $4,185
- Stock futures are slightly green; DOW +0.15%, Nasdaq +0.3%
- Goldman Sachs made its $100 billion Treasury fund available to crypto firms through the Lynq settlement network, without turning it into a token
- NEAR Intents said it turned away more than $50 million in transfers tied to the Bitget hack, froze about $503,000 mid-swap, and waived its 10% cut of Bitget’s recovery bounty
- Chainlink launched CCIP 2.0, letting companies add their own security checks to transfers between blockchains, five months after a rival’s setup lost $292 million because it relied on one checker
- Senate Democrats called Tether a “significant financial lifeline” for Iran in a report led by Richard Blumenthal, finding 84% of 846 sanctioned wallets used USDT; Tether says it helped freeze nearly $550 million in Iran-linked tokens this year
- Apollo’s Torsten Slok warned AI agents could drain bank deposits by automatically moving household cash out of low-interest checking accounts into better-paying alternatives
Corporate Treasuries & ETFs
- The Bitcoin ETFs saw $31M in net inflows on Monday; the ETH ETFs saw $17M in inflows and Solana had $8M
- Strategy bought 1,665 Bitcoin for $142.7 million at an average of $85,681, reaching a record 847,666 BTC and fully replacing everything it sold this summer; it also spent $151.7 million buying back STRC
- Strive added 1,107 Bitcoin for $94.5 million, pushing holdings past 27,000 coins to 27,462, worth about $2.3 billion
- Bitmine bought 17,362 ETH for about $47 million, taking its stake to 4.9% of all Ethereum
Meme Coin Tracker
- Meme leaders were green; DOGE +3%, SHIB +3%, PEPE +2%, PENGU +3%, TRUMP +2%, SPX -1%, BONK +6%
- Robinhood chain leaders were mostly red ahead of today’s RH Summit; Pons -1% to $364M; AI -7% at $208M; Cashcat -8% at $175M; BUN +65% and Shroom +26% led top movers
- Solana top movers were led by Parasite +24x, Sapijiju +20x and Hooked +20x; Ansem -7% to $160M and Cards +23%
Token, Airdrop & Protocol Tracker
What is happening in NFTs?
- NFT leaders were slightly red; Punks even at 33.69 ETH, BAYC -1% at 6.2 ETH, Pudgy -2% at 3.2 ETH
- Identity MD (+23%) and Credits (+10%) led top movers
BitcoinBTC · USD
$84,360−1.93%
24H7D1M1YYTD
Sep 22Sep 24Sep 26Sep 27Sep 29
$87.2k$85.7k$84.2k$82.7k
24h HighHigh$84,275
24h LowLow$82,721
VolVol$1.3B
→
$50$100$500
Also Read
- block at absolute beginning, then immediately rewritten content. No intro notes, no commentary. – Must clean text: remove promotional lines, “SEE ALSO” links, footer junk. Also remove share icons? Those are promotional? Probably not, but they are not part of article body, but they are HTML. The instruction says “Clean the text content by removing promotional lines, ‘SEE ALSO’ links, and footer junk.” Not explicitly share icons, but they could be considered promotional. However we need to preserve all media: tags, , shorts, and Twitter/X embed codes exactly. The share icons are tags with class bi… they are media? Not exactly media, but they are icons. Probably considered part of UI, not article content. Might need to keep them? The rule says “Do not alter, delete, or skip any HTML media elements.” Share icons are not media; they are UI elements. However they are inside the article. It’s ambiguous. Safer to keep them because they are part of HTML. But they might be considered promotional lines. However instruction says remove promotional lines, “SEE ALSO” links, and footer junk. The share icons are not footers; they are social sharing buttons. Could be considered promotional but not explicitly mentioned. Safer to keep them as they are not in the main article text, but are part of the HTML snippet. However the original snippet includes many share icons; maybe they are considered promotional. But the task is to clean the text content; they are not part of the article body (the article includes the paragraph tags). The share icons are after the article? In the snippet they appear after the article. So likely they are not part of the article body to be cleaned. The instruction says “rewritten article HTML body text.” So we need to produce cleaned HTML body text, which likely includes the article paragraphs, headings, images, list items, etc. The share icons maybe outside; but we should keep any media elements that are part of the article (e.g., tags). The list items with are part of article. The share icons are outside article; maybe we should omit them? The instruction says “Leave all tags, video tags, shorts, and Twitter/X embed codes EXACTLY as they are. Keep them inline in their original relative positions.” The share icons are not or iframe or blockquote embed. So maybe they can be removed. But they are HTML elements; maybe they count as “media”?? Not sure. Let’s extract article content: From snippet: – There’s author info lines: “Written by: Olumide Adesina” etc. That’s probably not part of article body but metadata. Should we keep? Probably remove promotional lines, but author bio is maybe considered promotional? Probably not needed in article body. We can drop author line and author bio. Also remove the share icons (the social share block). Also remove the “Quick overview” heading and list? That’s part of article content maybe. The article body text likely includes the paragraphs with class data-path-to-node. Let’s list them: 1. Qualcomm (QCOM) traded around $188 following a notable single-session pullback. QCOM shares dropped 7.17% (losing roughly $14.49 in a single day), significantly underperforming the broader tech indices. 2. (image tag). This is an image media element; we keep exactly. 3. The stock had rallied strongly through September … 4. QCOM has experienced notable upside momentum … 5. Short-term movements … (Wait there are two p with same node? maybe separate paragraphs.) 6. Qualcomm made a strategic partnership with Amazon Web Services (AWS) … 7. Apple Patent Extension: Qualcomm and Apple officially renewed … 8. Analyst Consensus: Wall Street maintains a cautiously optimistic stance… target prices … 9. Opportunities: Growth catalysts … Also the “Quick overview” heading and list: there is Quick overview and … items …. That is part of article; we should rewrite article body, maybe include that heading and list? It says rewrite the surrounding news story body text. Likely we need to incorporate that content into a cohesive article. We might keep the heading and list but rewrite the items into paragraph form or keep as list? The instructions: “Rewrite the headline to be unique, fresh, and professional. Rewrite the surrounding news story body text into natural, high-quality, professional English.” So we should rewrite the entire body, not just paragraphs. Could integrate the list items into paragraph narrative. We need to remove promotional lines: The “Quick overview” might be considered promotional; but it’s part of article. The list items are factual statements. Might keep but rewrite. The author bio line: “Olumide Adesina is a French-born Nigerian financial writer… 20 years … experience …” That’s likely footer junk; remove. Also need to keep all tags (there are two images). Also any video etc – none present besides maybe the share widget script, but not an iframe. So we keep images as they are. We need to preserve the relative positions of media elements. So final output: – [TITLE] with rewritten headline. Need fresh, professional headline. Original: “Qualcomm (QCOM) Cools Off Amid Broader Tech Pullback and Insider Selling”. Let’s rewrite: “Qualcomm (QCOM) Slips Amid Tech Sector Retreat and Insider Activity”. Something unique. But ensure it’s fresh and professional. Then the cleaned HTML body text: We need to output the article HTML after the title block, with cleaned content. We must ensure we keep images exactly as they appear (including class, alt, src). Also keep the paragraph tags and list. But we should remove author info lines, share icons, maybe the “Quick overview” heading? That might be considered part of article; maybe we keep it but rewrite its text (list items) into natural prose. The heading itself is fine. Let’s restructure: We’ll have: [TITLE]New Headline
- CFTC Approves Coinbase’s USDC‑Backed Clearinghouse While Citi Partnership Expands
- BitMine nears 5% Ethereum threshold, yet stock valuation rules dictate its next move
- NEAR Protocol’s Intents System Freezes $50M in Bitget Hack Proceeds, Sparks Debate

