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PNC Bank Brings USDC Payments To Corporate Clients – What It Means For Crypto Adoption

By Michael B

One of America’s largest banks is taking another step into blockchain-based payments. PNC Bank has introduced a new service allowing eligible corporate clients to receive USDC stablecoin payments and convert them directly into U.S. dollars. The development raises an important question: are stablecoins becoming a…

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Blockchain

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.

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