PNC eligible corporate clients can receive USDC payments and settle in USD.
Nov 9, 23:15
On November 9, according to an official announcement from Coinbase, eligible corporate clients of PNC can now receive USDC payments, with funds deposited into their PNC accounts in USD.
The Coinbase Developer Platform stated that Coinbase Payment APIs automatically convert USDC to USD and remit them to PNC as standard bank deposits.