According to TechFlame, according to Bloomberg, PNC Financial Services Group, the eighth-largest bank in the US, has reached a partnership with cryptocurrency exchange Coinbase to provide digital currency services to its banking customers. At the beginning of the partnership, PNC's wealth and asset management clients could 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 money management. PNC executives said that with the popularity of cryptocurrencies in the payment scene, it is expected that customers will be supported to settle in digital currencies in the future. Furthermore, PNC anticipates that future stablecoin-related businesses will be dominated by industry alliances, and banks will also actively participate.