PNC's eligible business clients can receive USDC payments and have them credited in USD

Shenchao TechFlow reported on November 9 that, according to official Coinbase information, PNC's eligible business clients can now receive USDC payments, with the funds credited to their PNC accounts in USD.

Coinbase Developer Platform stated that Coinbase Payment APIs automatically convert USDC into USD and deposit it into PNC as a standard bank deposit.

Source: Shenchao TechFlow