Tree News

CNA · 2026-11-09 14:11 UTC

PNC to offer stablecoin payments to clients in Coinbase partnership

PNC Bank is partnering with Coinbase to let corporate and institutional clients receive payments in Circle's USDC stablecoin, which are automatically converted to US dollars. The companies say the service speeds access to funds and improves cross-border transaction speed. The service will initially be offered on a limited basis as a pilot program; PNC last year had already tapped Coinbase for crypto trading for customers.

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