RWATimes on Nostr: 📰 U.S. Bank pilots USBDC stablecoin on Stellar 🗓️ Sep 10 2026 06:35 UTC U.S. ...
📰 U.S. Bank pilots USBDC stablecoin on Stellar
🗓️ Sep 10 2026 06:35 UTC
U.S. Bank completed a live USBDC payment on Stellar, testing cross-border settlement, minting, redemption, freezing and clawbacks.
➤ U.S. Bank successfully conducted a pilot cross-border payment using its proprietary dollar-backed stablecoin, USBDC, on the Stellar public blockchain.
➤ The pilot tested key functions like minting, redemption, freezing, and clawbacks, demonstrating the integration of the stablecoin with the bank's existing finance, risk, and compliance systems.
➤ While a significant step in exploring bank-issued stablecoins on public blockchains, USBDC remains a closed pilot asset, with future public access and commercial rollout yet to be determined.
#usbdc #usbank #stellar #stablecoin #crossborderpayment #digitalassetplatform #pilot #blockchain #institutional #settlement
🔗 Read more at:
https://rwatimes.io/articles/coinmarketcap-u-s-bank-pilots-usbdc-stablecoin-on-stellar-2487638589Published at
2026-09-10 10:42:12 UTCEvent JSON
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"content": "📰 U.S. Bank pilots USBDC stablecoin on Stellar\n🗓️ Sep 10 2026 06:35 UTC\n\nU.S. Bank completed a live USBDC payment on Stellar, testing cross-border settlement, minting, redemption, freezing and clawbacks.\n\n➤ U.S. Bank successfully conducted a pilot cross-border payment using its proprietary dollar-backed stablecoin, USBDC, on the Stellar public blockchain.\n➤ The pilot tested key functions like minting, redemption, freezing, and clawbacks, demonstrating the integration of the stablecoin with the bank's existing finance, risk, and compliance systems.\n➤ While a significant step in exploring bank-issued stablecoins on public blockchains, USBDC remains a closed pilot asset, with future public access and commercial rollout yet to be determined.\n\n#usbdc #usbank #stellar #stablecoin #crossborderpayment #digitalassetplatform #pilot #blockchain #institutional #settlement\n\n🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-u-s-bank-pilots-usbdc-stablecoin-on-stellar-2487638589",
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