PNC is piloting a new way for corporate clients to get paid: incoming USDC on Ethereum is automatically converted one-to-one into U.S. dollars and deposited into a designated PNC bank account.

The service, announced November 9, uses Coinbase payment infrastructure. For now, access is limited to eligible Corporate & Institutional Banking clients in the pilot.

Source: PNC Bank, November 9, 2026.
https://pnc.mediaroom.com/2026-11-09-PNC-Bank-Launches-Incoming-Stablecoin-Payments-for-Corporate-and-Institutional-Banking-Clients

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