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PNC Bank Launches USDC Payments Pilot Program With Coinbase

(1 hour ago) · 1 source · Summarized by CryptoBipto

PNC Financial Services, one of the largest banks in the United States, has launched a pilot program for payments using the USDC stablecoin in partnership with Coinbase. The initiative represents a step by a major traditional bank into stablecoin-based payment infrastructure.

WHY IT MATTERS

Think of a stablecoin like a digital version of a dollar that lives on a blockchain, which is a shared digital ledger.

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SOURCES

  • thedefiant.io

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USDCStablecoinsInstitutional AdoptionTraditional FinancePaymentsUSDC