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PNC Bank tests turning USDC payments into dollar deposits

CoinTelegraph
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PNC Bank tests turning USDC payments into dollar deposits

The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit.

Key Takeaways

  1. The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
Read Full Article on CoinTelegraph

Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.