A new era in U.S. crypto adoption has begun.
President Donald $TRUMP
has officially signed the long-anticipated stablecoin legislation into law, providing a federal regulatory framework for the first time. The move is already reshaping how banks engage with digital assets.
🚨 PNC Partners with Coinbase
In a landmark announcement, PNC Bank revealed a strategic partnership with Coinbase, bringing crypto access directly to 9 million PNC customers. Through Coinbase’s Crypto-as-a-Service (CaaS) platform, PNC clients can now buy, sell, and hold crypto—all within PNC’s own ecosystem.
“Partnering with Coinbase accelerates our ability to bring innovative, crypto financial solutions to our clients,” said William S. Demchak, PNC Chairman & CEO.
In return, PNC will provide select banking services to Coinbase, deepening the traditional–crypto synergy.
🔥 What Changed?
Under Trump’s administration, regulatory hurdles have eased for banks. Unlike the restrictive approach under Biden post-2022 collapses, Trump’s team has opened the doors wide—pushing crypto market cap nearly $4 trillion and Bitcoin to new ATHs above $122,000.
💬 Coinbase’s Brett Tejpaul commented:
“We’re thrilled to support PNC’s entry into digital assets… This is the beginning of scalable, secure, high-growth crypto adoption through legacy institutions.”
🏦 Bigger Players Join the Game
• JPMorgan, Citi, and Bank of America confirmed they are exploring USD-pegged stablecoin products.
• Major banks are now discussing a shared stablecoin network, potentially resembling Zelle.
• PNC’s Demchak is actively involved in those discussions.
🔐 PNC’s Approach: Crypto Without Hype
While keeping its “Brilliantly Boring” brand intact, PNC is quietly executing a bold pivot. Treasury lead Emma Loftus emphasized this isn’t about speculation, but secure, convenient access for clients already interacting with crypto off-platform.
💥 Bottom Line:
Traditional finance is going all-in—and fast. With Trump’s regulatory backing, Coinbase’s infrastructure, and Wall Street buy-in, crypto is no longer fringe—it’s front and center.