PNC, the eighth largest bank in the United States, partners with Coinbase to provide cryptocurrency services to customers
Odaily News PNC Financial Services Group, the eighth largest bank in the United States, has reached a cooperation with the cryptocurrency exchange Coinbase to provide digital currency services to its bank customers. In the initial stage of the cooperation, PNCs wealth and asset management customers can directly trade cryptocurrencies through their accounts without switching platforms. PNC also plans to explore the application of digital assets in areas such as corporate payments and fund management. PNC executives said that as cryptocurrencies become popular in payment scenarios, it is expected to support customers to settle in digital currencies in the future. In addition, PNC expects that stablecoin-related businesses will be led by industry alliances in the future, and banks will also actively participate. (Bloomberg)
You may also like

The impossible triangle is simply a pseudo problem

Stablecoins Finally Find Real Returns: On-Chain Reinsurance Re Explained | Interview with Re Founder Karan Saroya

The AI gamble of mining companies: Valuations enter a phase of differentiation, and it's hard to turn the tide

A letter from Alliance to entrepreneurs: Written on the occasion of Cursor selling for 60 billion dollars

Will MicroStrategy fall into a death spiral? What will the macro trend be in the second half of the year?

Blockchain Capital Partner: The Core Secret of Arbitrage

STRC unanchored by 11%, can the perpetual motion machine of Strategy still operate?

Bitcoin Market Analysis 2026: Can BTC Reach $150K by Year-End?

Bitcoin ETF Outflows Hit a Record $4.4 Billion: What Are Traders Doing With Their Cash?

WEEX App Just Got Smarter – New Tabs for Faster Trades & Easy Asset Management

WEEX All-New Search Features: Find, Trade & Earn Faster Than Ever

Morning Report | Illinois signs the strictest digital asset tax law in the U.S.; RWA tokenization market size surpasses $43 billion, institutions accelerate the migration of on-chain assets

Full version of the debut Q&A! Federal Reserve Chairman Waller: Sticking to the 2% inflation target, establishing five special working groups, individual did not submit the dot plot

From Disruptor to Shadow Market: The Crypto Market is Becoming a Colony of Traditional Finance

Dalio's important long article: How to position in the current market environment?

OKX Star analyzes Binance's competitive advantages: when regulation levels the playing field, competition has just begun

New gameplay for participating in initial offerings on cryptocurrency exchanges

