USBDC Stablecoin Tested by U.S. Bank Using Stellar Blockchain

TLDR U.S. Bank completed a live USBDC cross-border payment between its North American and European entities. USBDC operated on Stellar while remaining connected to the bank’s finance, risk, and compliance systems. The pilot tested minting, redemption, freezing, and clawback functions through U.S. Bank’s Digital Asset Platform. U.S. Bank is exploring liquidity management, collateral mobility, and [...]

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