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

These days, even hackers are losing money

Arm Chips In-House: Rewire News Brief

IOSG: Stablecoin Reshaping Asia Cross-Border Payments? Strategic Landscape and Investment Opportunities Analysis

\$73 Billion OpenAI Aims for IPO: Drops Sora, Snubs Disney, Puts Microsoft in Risk Factors

The Chip Industry's Most Secure Middleman Just Took a Very Risky Turn

CZ's Latest Interview: My Experience is Replicable, Writing a Book to Inspire Young Entrepreneurs

Morning News | Invesco acquires a $900 million on-chain fund from Superstate; ParaFi has raised $125 million for its new fund; Solana Foundation launches developer platform SDP

What is the background of this new fund that the two major prediction market platforms have rarely joined forces to create?

SIREN, another leveraged scam

Token has become extremely popular, and the blockchain is very sad

Tether's major shareholder invests £12 million to support the "British version of Trump" in the cryptocurrency sector

Huang Renxun's Latest Podcast: Will NVIDIA Reach $1 Trillion? Will the Number of Programmers Increase Instead of Decrease? How to Deal with AI Anxiety?

Besides Resolv Hack, This DeFi Vulnerability Type Has Occurred Four Times

Trump Cries Peace, $1.5 Billion Dash | Rewire News Evening Brief

From x402 to MPP: Cloudflare's crucial vote, will it go to Coinbase or Stripe?

BlackRock CEO issues annual open letter: The wave of tokenization has arrived, and we will lead this trend

When Backpack backstabs the community

