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Dren Hima

ABOUT AUTHOR

Dren Hima is Head of Research at Coincub, leading research across digital asset regulation, licensing, market structure, tokenization and institutional adoption.

CryptoPayments
Bank of Record, Chain of Custody: Citi and Coinbase Stablecoin Payments
Citi provides the fiat account and bank-of-record settlement in both products, and Coinbase handles every step involving a stablecoin. Coinbase’s documentation shows Citi-powered virtual accounts taking ACH and Fedwire deposits and converting them 1:1 into USDC, with Base as the documented sweep network. Spring’s tokens, chains, pricing, settlement times and volumes are unpublished. Th...
2 weeks ago