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2026-09-16 00:33:33 UTC

RWATimes on Nostr: 📰 U.S. Bank Pilots USBDC Stablecoin for Cross-Border Payments on Stellar 🗓️ ...

📰 U.S. Bank Pilots USBDC Stablecoin for Cross-Border Payments on Stellar
🗓️ Sep 15 2026 22:35 UTC

TLDR: U.S. Bank tested USBDC, its dollar-backed stablecoin, for a North America to Europe payment. The pilot ran on the Stellar blockchain under a 2025 partnership between U.S. Bank and PwC. U.S. Bank joins Open USD, a stablecoin consortium spanning more than 140 banks and fintec...

➤ U.S. Bank successfully piloted its dollar-backed stablecoin, USBDC, for a cross-border payment between North America and Europe using the Stellar blockchain.
➤ This initiative, part of a partnership with Stellar and PwC, aims to provide faster and cheaper international transactions compared to traditional correspondent banking methods.
➤ The pilot highlights growing institutional interest in stablecoins, with U.S. Bank also participating in the Open USD consortium, suggesting a future trend towards bank-led stablecoin solutions.

#usbank #usbdc #stellar #stablecoin #crossborderpayments #blockchain #pwc #openusd #tokenization

🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-u-s-bank-pilots-usbdc-stablecoin-for-cross-border-payments-on-stellar-2019230762