U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction

MonitoringCryptoOtherFirst tracked 2026-09-09Last changed 2026-09-09

Current outcome

U.S. Bank completed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain, testing minting, redemption, freezing, and clawback functions.

Progress timeline

1 material updates

#0109.09
Initial2026-09-09 16:37 · publication time
U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction
U.S. Bank completed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain, testing minting, redemption, freezing, and clawback functions.
Source evidence: Cointelegraph · The Defiant

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