U.S. Bank Completes Cross-Border Payment Test Using USBDC Stablecoin

U.S. Bank has successfully conducted a real-time cross-border payment test between North American and European entities using its proprietary USBDC stablecoin on the Stellar blockchain. The test validated the bank's digital asset platform, including minting, redemption, and compliance functions. The bank is exploring further applications in treasury operations and liquidity management.