1 week ago
USBDC Stablecoin Pilot Tests U.S. Bank Cross-Border Payments
NewsaltcoinsblockchainCross-Border PaymentsCryptocrypto marketCrypto newscrypto regulationcryptocurrencyDeFiDigital Assetsstablecoin paymentsStellar BlockchainU.S. BankUSBDC stablecoin
TLDR: The USBDC stablecoin completed a live cross-border transaction between U.S. Bank entities in North America and Europe through the Stellar blockchain. The test covered minting, payment redemption, freezing and clawback functions while validating links to finance, compliance, risk and operations systems. U.S. Bank is reviewing the token for cross-border treasury operations, liquidity management and [...]
The post USBDC Stablecoin Pilot Tests U.S. Bank Cross-Border Payments appeared first on Blockonomi.
Source: Blockonomi →Related News
- 1 hour ago
Bitcoin weathers September storm as rate hikes and Clarity act setback test bull...
- 1 hour ago
ARK Invest Scoops Up $19M in CoreWeave (CRWV) Stock Following Debt Announcement...
- 1 hour ago
Major Banks Flag UK Equities as Undervalued Investment Opportunity
- 1 hour ago
BoE Maintains 3.75% Rate as Barclays Anticipates Two Upcoming Increases
- 2 hours ago
Coinbase (COIN) CEO: Crypto Clarity ‘Coming Regardless’ After Senate Rejects CLA...