PANews July 22 news, according to Bloomberg, PNC Financial Services Group has partnered with cryptocurrency exchange Coinbase to provide digital currency services to its banking clients. In the initial phase of the collaboration, PNC's wealth and asset management clients can directly trade cryptocurrencies through their accounts without switching platforms. PNC also plans to explore the application of digital assets in areas such as corporate payments and fund management. PNC executives stated that as cryptocurrencies become more popular in payment scenarios, there is hope for future support for clients to settle transactions using digital currency. Furthermore, PNC expects that in the future, stablecoin-related businesses will be led by industry alliances, with banks actively participating.