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U.S. Bank completes USBDC cross-border payment pilot on Stellar blockchain
U.S. Bank has successfully conducted a cross-border payment pilot using its proprietary USBDC stablecoin on the Stellar blockchain. This internal transaction between U.S. Bank entities in North America and Europe tested the minting, redemption, freezing, and recovery functions of USBDC, integrating with the bank's existing financial infrastructure. While the pilot demonstrates the potential for blockchain in banking, it currently does not indicate immediate changes to Stellar's market dynamics.
Key points
- U.S. Bank completes USBDC cross-border payment pilot on Stellar
Sources
- U.S. Bank completes USBDC cross-border payment pilot on StellarWEEX Crypto News · September 11, 2026
- U.S. Bancorp Completes Cross-Border Payment Test with USBDC StablecoinWEEX Crypto News · September 11, 2026
- U.S. Bank Moves Its Own Stablecoin Across Borders on StellarProCoinNews.com · September 9, 2026
- U.S. Bank Launches USBDC StablecoinWGEM · September 9, 2026
AI-generated from public news sources. Not financial advice.
