PNC Bank is making USDC payments available to eligible business clients, with direct conversion to U.S. dollars.
According to Bitcoinist, the service launched on November 9 for eligible business clients to receive USDC payments and convert them into U.S. dollars. The report also raises the question of whether stablecoins are becoming a practical alternative to traditional payment infrastructure.
· Only two features have been confirmed: receiving payments and converting them. Fees and availability have not been disclosed.
· The report does not say whether clients are actually using the service or how much they are using it.
Are you more interested in its conversion fees or the number of businesses that sign up?
$USDC
According to Bitcoinist, the service launched on November 9 for eligible business clients to receive USDC payments and convert them into U.S. dollars. The report also raises the question of whether stablecoins are becoming a practical alternative to traditional payment infrastructure.
· Only two features have been confirmed: receiving payments and converting them. Fees and availability have not been disclosed.
· The report does not say whether clients are actually using the service or how much they are using it.
Are you more interested in its conversion fees or the number of businesses that sign up?
$USDC
