[Wu Blockchain News] Eighth-Largest U.S. Bank PNC Partners With Coinbase to Pilot USDC Payments for Corporate Clients

The service runs on Coinbase Payment APIs and targets faster, more efficient payments, including cross-border transactions, though the pilot is initially limited to select clients. The move builds on the firms' earlier collaboration providing digital asset trading to eligible PNC Private Bank clients. It matters as another signal of large U.S. banks integrating stablecoin rails into core corporate payment flows. What to watch next is whether PNC widens eligibility beyond the pilot group and how quickly other major banks follow with similar USDC settlement arrangements.