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JPMorgan Chase, Citi and PNC Use Coinbase for Distinct Crypto Services

PNC offers private-bank clients Bitcoin access, while Chase is linking banking and rewards services with Coinbase and Citi is working on stablecoin payments for businesses.

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A bank card rests beside a smartphone displaying a Bitcoin purchase screen / TokenPost.ai
A bank card rests beside a smartphone displaying a Bitcoin purchase screen / TokenPost.ai

Coinbase Institutional co-CEO Brett Tejpaul said large U.S. banks are increasingly relying on Coinbase for digital-asset infrastructure. The services span customer access to Bitcoin, connections with banking and rewards products, and payments for businesses.

Bitcoin (BTC) is available to PNC private-bank customers to buy, sell and hold through the bank’s platform. JPMorgan Chase is linking Chase accounts, cards and rewards with Coinbase. The Chase banking app will not offer Bitcoin trading.

Citi and Coinbase are partnering on payments made with stablecoins for businesses.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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