✔ VERIFIED First reported by PR Newswire · Nov 9, 15:09 UTC · updated Nov 9, 17:25 UTC

PNC Bank Lets Corporate Clients Accept USDC Payments in New Coinbase-Powered Pilot

USDC sent to participating PNC business clients is swapped 1-to-1 for dollars and lands in a PNC deposit account, with Coinbase running the stablecoin side.

Common to all reports: PNC Bank · Stablecoin Payments · Corporate · Clients · Coinbase

Confirmed by 7 sources

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Tags: Regulation, Stablecoin, USDC

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