CryptoMedium•9 November 2026•
1 min read
PNC Bank Launches USDC Stablecoin Payment Pilot with Coinbase
Key Facts
1PNC Bank launched a pilot program allowing corporate and institutional clients to receive payments in USDC stablecoin.
2The payments are processed in collaboration with Coinbase, with stablecoins automatically converted to U.S. dollars.
PNC Bank launched a pilot program allowing corporate and institutional clients to receive payments in USDC stablecoin. Benzinga reported that the payments are processed in collaboration with Coinbase, with stablecoins automatically converted to U.S. dollars.
The partnership aims to integrate blockchain-based payment solutions into traditional banking for the bank's institutional clients. Coinbase (COIN) shares closed at $134.76 on November 6, 2026, as the company continues to serve as a bridge between crypto and traditional finance.