PNC Opens USDC Stablecoin Payments to Corporate Clients
By PYMNTS
AI summary of the source article
PNC Bank announced that its corporate and institutional clients can now receive incoming USDC stablecoin payments. The service operates on the Ethereum blockchain and is powered by Coinbase's payments products.
Key facts
- PNC Bank is making incoming USDC payments available to corporate and institutional clients.
- Payments are made in dollar-backed USDC on the Ethereum blockchain.
- The offering is powered by Coinbase's payments products.
Source excerpt · PYMNTS
PNC Bank is making incoming USDC stablecoin payments available to its corporate and institutional clients. These clients can now receive payments in the dollar-backed USDC on the Ethereum blockchain, powered by Coinbase’s payments products, PNC announced Monday (Nov. 9). “Our clients are continually looking at new ways to interact and transact with customers, suppliers and […] The post PNC Opens U…