🔴 Urgent | US Bank Carries out the first live transaction with its stablecoin USBDC on the Stellar network
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📰 News
US Bank, the fifth-largest U.S. commercial bank, completed a live test of a cross-border payment between its branches in North America and Europe using its dollar-backed stablecoin USBDC over the Stellar network. The test included functions for sending, recovery, freezing, and redemption, making it the first of its kind for a bank of this size on a public network—but it’s still an internal experiment and hasn’t yet been made available to customers.
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📰 News
US Bank, the fifth-largest U.S. commercial bank, completed a live test of a cross-border payment between its branches in North America and Europe using its dollar-backed stablecoin USBDC over the Stellar network. The test included functions for sending, recovery, freezing, and redemption, making it the first of its kind for a bank of this size on a public network—but it’s still an internal experiment and hasn’t yet been made available to customers.
▬▬▬▬▬▬▬▬
📍 Did you like the content? Like and follow
⬡ LEGENDARY_007#LEGENDARY_007
