PNC Bank turns on incoming USDC payments for business clients through Coinbase
PNC Bank is now taking incoming USDC payments for corporate and institutional clients, wired up through Coinbase and running first as a pilot on Ethereum, CoinDesk reported. It marks another big US bank plugging stablecoin rails into its business-facing services.
- 3 sources report it: X account @CoinDesk, ct.com, cryptobriefing.com.
- The source published it on Nov 9, 2026 at 6:24 PM.
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CoinDesk flagged the move as just in: PNC Bank is switching on inbound $USDC transfers for its corporate and institutional customers, with Coinbase handling the crypto side of the flow. The capability launches as a pilot rather than a full rollout, and it sits on the Ethereum blockchain to start.
That means PNC clients will be able to receive dollar-pegged tokens from counterparties instead of routing everything through traditional wires. The report did not spell out a timeline, transaction limits or fees attached to the pilot.
TopicsPNC Bank · USDC · Coinbase · Ethereum · CoinDesk
Written by Paparazzi with AI. Not financial advice.
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