Stabledash(@stabledash):.@drewrogers asked if the Crypto-as-a-Service platform (CaaS) @coinbase built for banks like PNC is basically a Stripe Connect for crypto. "Exactly. It's all done via APIs. Businesses can create accounts on behalf of other businesses. They can create accounts on behalf of consumers," responded @GainsleyJustin "We allow a business like PNC to offer crypto capabilities, trading or stablecoin holdings, all in a white labeled package where it's Coinbase custody under the hood. But the PNC branding on the outside." $300 billion in customer assets already in Coinbase custody, built over a decade of infrastructure that's now exposed as a developer platform.

2026.06.29 17:17

.@drewrogers asked if the Crypto-as-a-Service platform (CaaS) @coinbase built for banks like PNC is basically a Stripe Connect for crypto. "Exactly. It's all done via APIs. Businesses can create accounts on behalf of other businesses. They can create accounts on behalf of consumers," responded @GainsleyJustin "We allow a business like PNC to offer crypto capabilities, trading or stablecoin holdings, all in a white labeled package where it's Coinbase custody under the hood. But the PNC branding on the outside." $300 billion in customer assets already in Coinbase custody, built over a decade of infrastructure that's now exposed as a developer platform.