BULLISH 55 The Block 28M ago · 1 min read 1 read

PNC pilots USDC payments for corporate clients in expanded Coinbase partnership

AI summary

PNC Bank is piloting USDC payment acceptance for corporate and institutional clients through an expanded partnership with Coinbase. The move brings a major US bank into stablecoin settlement rails, extending Coinbase's institutional reach. Traders would read this as incremental validation for USDC and for bank adoption of stablecoin payments, a positive for Coinbase's payments business.

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