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Blockchain The Defiant

U.S. Bank Issues Its Own Stablecoin On Stellar

U.S. Bank completed a live cross-border payment between its North American and European entities using USBDC, a dollar-backed stablecoin the bank issued on Stellar, the bank said Wednesday. A federally regulated U.S. ban...

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U.S. Bank Issues Its Own Stablecoin On Stellar
U.S. Bank completed a live cross-border payment between its North American and European entities using USBDC, a dollar-backed stablecoin the bank issued on Stellar, the bank said Wednesday. A federally regulated U.S. bank issuing its own token on a permissionless chain puts bank money on the same... Read the full story at The Defiant

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Stellar is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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