PNC Bank pilots letting corporate clients accept USDC on Ethereum with Coinbase, converting proceeds into dollars in PNC accounts

Cointelegraph / Cointelegraph by Nate Kostar:

PNC Bank pilots letting corporate clients accept USDC on Ethereum with Coinbase, converting proceeds into dollars in PNC accounts

A major US bank is testing letting business customers accept a dollar stablecoin (USDC) on Ethereum and receive ordinary dollar deposits automatically, a step toward banks using public blockchains for payments.

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