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Coinbase Lands Federal Trust Approval and Expands PNC Stablecoin Deal

Coinbase secured final federal approval for its national trust bank on Nov. 6, 2026, and announced the milestone Monday alongside news that PNC Bank is piloting USDC payments through Coinbase infrastructure, marking two significant developments in the cryptocurrency exchange’s institutional expansion.

Jamie RedmanBitcoin.com · November 9, 2026 · 28m ago

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Stablecoin
A token designed to track a reference value, usually the US dollar, through reserves, crypto collateral or an algorithm.

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Jamie Redman, Bitcoin.com

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