PNC Bank has begun piloting USDC payment acceptance for corporate and institutional clients.
According to The Block, the pilot is being advanced through an expanded partnership between PNC and Coinbase.
· The change is that the partnership has expanded beyond its original scope to include USDC payment acceptance, but details such as the pilot phase, number of participating clients, and transaction volume cap have not been disclosed.
· What has been confirmed is that the pilot exists and who it is aimed at; the settlement process, compliance arrangements, and official launch date remain unconfirmed.
Before the pilot becomes a full launch, would you look first at the scale of acceptance or the settlement arrangements?
$USDC
According to The Block, the pilot is being advanced through an expanded partnership between PNC and Coinbase.
· The change is that the partnership has expanded beyond its original scope to include USDC payment acceptance, but details such as the pilot phase, number of participating clients, and transaction volume cap have not been disclosed.
· What has been confirmed is that the pilot exists and who it is aimed at; the settlement process, compliance arrangements, and official launch date remain unconfirmed.
Before the pilot becomes a full launch, would you look first at the scale of acceptance or the settlement arrangements?
$USDC
