Odaily Planet Daily reports that PNC Financial Services Group, the eighth largest bank in the United States, has partnered with cryptocurrency exchange Coinbase to provide digital currency services to its banking clients. In the initial phase of the partnership, PNC's wealth and asset management clients can trade cryptocurrencies directly 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, it is expected to support clients in settling transactions with digital currencies in the future. Additionally, PNC anticipates that stablecoin-related business will be led by industry alliances, with banks actively participating.