Rapid large-scale magnetic-field dissipation is observed in a full kinetic simulation of cross-field current instabilities in a current sheet even when the thickness of the current sheet is at ion scale. The Kelvin-Helmholtz instability caused by the velocity shear between the current-carrying ions and the cold background ions excites the lower-hybrid drift instability at the edges of the undulated current sheet. We show that the nonlinear coupling between these two instabilities is responsible for the observed rapid dissipation. The simulation result presents a new route for magnetic-field dissipation in an ion-scale current sheet and demonstrates the general significance of nonlinear cross-scale coupling in collisionless plasmas.