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US's 8th-Largest Bank PNC Partners with Coinbase to Launch USDC Payment Pilot for Corporate Clients
PNC, the eighth-largest bank in the United States, announced an expanded partnership with Coinbase on November 9 to launch a USDC payment acceptance pilot for its corporate and institutional banking clients. Eligible participants can receive USDC payments and automatically convert them 1:1 into U.S. dollars for deposit into designated PNC bank accounts, with the service powered by Coinbase Payment APIs.
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