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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.

· 1 min read · 80 words · via Cointelegraph

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Wire briefing

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

Source: Cointelegraph. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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