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JPMorgan, Citi, and PNC Use Coinbase Infrastructure to Offer Crypto Services

Odaily reports that Bitcoin News posted on X platform stating that Brett Tejpaul, Co-CEO of Coinbase Institutional, said major U.S. banks are increasingly relying on Coinbase to provide digital asset services infrastructure. PNC private banking clients can directly buy, sell, and hold Bitcoin through its platform; JPMorgan is integrating Chase accounts, bank cards, and rewards with Coinbase, but will not offer Bitcoin trading within the bank app; Citi has partnered with Coinbase to provide stablecoin payment services for enterprises.