JPMorgan Chase, Citigroup, and PNC use Coinbase infrastructure to provide cryptocurrency services

Bitcoin News posted on platform X that Coinbase Institutional Co-CEO Brett Tejpaul stated that large banks in the United States are increasingly relying on Coinbase to provide digital asset service infrastructure.

PNC private banking clients can buy, sell, and hold Bitcoin directly through its platform; JPMorgan is integrating Chase accounts, debit cards, and rewards with Coinbase, but will not offer Bitcoin trading within the banking app; Citibank is collaborating with Coinbase to provide stablecoin payment services for businesses.