LexRegPulse Daily - Sep 29, 2026
Morgan here. This is LexRegPulse Daily for Tuesday, September 29, 2026.
Citigroup and Coinbase have expanded their partnership so Citi's large corporate clients can accept stablecoin payments and settle in dollars. Coverage of the launch puts the potential customer reach above 150 million holders. Here's the mechanics: a customer pays in stablecoin, Coinbase converts it, and Citi credits the corporate client in dollars. The coin never touches Citi's balance sheet. What lands there is an ordinary corporate deposit. No firm holds a GENIUS Act issuer license yet, and this arrangement doesn't…
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