Author | Lightnews

Nik Milanović @ndm.bsky.social · 17h

The message is clear:

Stablecoins are becoming a core banking instrument – programmable, regulated, and ready for scale.

Nik Milanović @ndm.bsky.social · 17h

As Coinbase’s Brian Foster put it:

“Banks, brokers and fintechs are looking for partnerships involving a range of services including spot and derivatives trading, custody, staking and payments.”

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Nik Milanović @ndm.bsky.social · 17h

Citi’s own “Future of Finance” team projects the stablecoin market could top $1T in five years (up from ~$300B today).

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Nik Milanović @ndm.bsky.social · 17h

@Coinbase brings the infrastructure – it already powers 250+ financial institutions globally under its Crypto-as-a-Service arm.

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Nik Milanović @ndm.bsky.social · 17h

Citi already built a tokenized-deposit platform that lets clients move money 24/7 within its network.

Stablecoins are the next step.

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Nik Milanović @ndm.bsky.social · 17h

@Citi’s Head of Payments, Debopama Sen, says clients want “programmability, conditional payments, and 24/7 efficiency.”

That’s what stablecoins can unlock.

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Nik Milanović @ndm.bsky.social · 17h

The collaboration focuses on:
→ Seamless transfers between crypto ↔ fiat, including cross-border.
→ Exploring on-chain stablecoin payments for institutions.

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Nik Milanović @ndm.bsky.social · 17h

Citi just partnered with Coinbase to bring stablecoin payments to corporate clients.

What started as a crypto experiment is now crossing into mainstream banking infrastructure.

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Nik Milanović @ndm.bsky.social · 5d

From custody-grade infrastructure to consumer wallets – Fireblocks is quietly building the connective tissue of the on-chain economy.

Nik Milanović @ndm.bsky.social · 5d

With this deal, Fireblocks steps closer to becoming the underlying wallet and payment layer for the next generation of digital asset applications.

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Nik Milanović @ndm.bsky.social · 5d

The goal: make it easier for developers and enterprises to integrate stablecoins, tokenization, and crypto payments, without sacrificing security.

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Nik Milanović @ndm.bsky.social · 5d

Fireblocks already serves 2,000+ clients and handles $85B/month in transactions.

The acquisition merges Dynamic’s wallet stack with Fireblocks’ MPC + secure hardware WaaS platform.

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Nik Milanović @ndm.bsky.social · 5d

Dynamic was founded by Itai Turbahn and Yoni Goldberg, Israeli-born MIT grads.

It raised $21M (a16z crypto, Founders Fund) and its 30-person team will join Fireblocks.

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Nik Milanović @ndm.bsky.social · 5d

Dynamic supports 50M+ wallets and simplifies everything from creation to authentication and onboarding.

It’s Fireblocks’ first step beyond banks and institutions – into developer- and consumer-facing crypto rails.

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Nik Milanović @ndm.bsky.social · 5d

Fireblocks just made its biggest move yet toward consumer crypto.

The $8B blockchain infrastructure firm is acquiring Dynamic, an a16z-backed wallet platform, for $90M.