U.S. Bank completes real-time cross-border payment test using USBDC stablecoin

U.S. Bank, the fifth-largest commercial bank in the U.S., has successfully tested real-time cross-border payments using its proprietary USBDC stablecoin on the Stellar blockchain. The pilot, conducted between its North American and European entities, validated core functions including minting, redemption, freezing, and recovery. The bank utilized its internal digital asset platform to bridge traditional infrastructure with blockchain networks.