˗ˋˏ🚨ˎˊ˗ U.S. BANK TESTS ITS OWN STABLECOIN ON
$XLM STELLAR࿐😱࿐
⚡️One of the biggest banks in the United States just took an important step toward moving banking money to a public blockchain.
U.S. Bank executed a real pilot transaction with USBDC, its own dollar-backed stablecoin, using Stellar to make a payment between bank entities in North America and Europe.
🔥 The most interesting part isn’t just the stablecoin.
The operation was integrated into the bank’s traditional systems for:
▸Finance
▸Risk
▸Compliance
▸Operations
In other words: Stellar acted as the blockchain rail, while U.S. Bank maintained traditional banking controls.
The platform was also tested for:
MINTING USBDC
REDEEMING
FREEZING ASSETS
CLAWBACK / CONTROLLED REVERSAL
According to the Stellar Development Foundation, precisely these control features at the network level helped make the infrastructure attractive for regulated banking applications.
👀 And the bank is already looking beyond international payments.
After the pilot, U.S. Bank is studying uses such as liquidity management, collateral movement, and international treasury. The bank also takes part in the Open USD project, which brings together more than 140 banks, fintechs, and companies in the financial ecosystem.
⚠️ Important: USBDC is not yet a retail stablecoin broadly available to the public, and that also doesn’t mean payments are already being made to
$XLM .
Stellar is the blockchain infrastructure used in the pilot.
🔥 The biggest shift may be this:
banks are starting to put their own forms of money directly on-chain.
👇 Can bank-issued stablecoins become a new layer of global payments?
#stellar #Stablecoins #XLM/