Coinbase Launches Crypto Pilots with JPMorgan, Citigroup, and Bank of America

Coinbase has launched live pilot programs with JPMorgan, Citigroup, and Bank of America to test stablecoin services, custody solutions, and cryptocurrency trading capabilities. CEO Brian Armstrong announced the trials on December 3, 2025, noting that participating banks view crypto as a core business line rather than an experimental project. The programs cover stablecoin operations, digital asset custody, and crypto trading infrastructure within the banks' regulated frameworks.