CoinScoopU.S. Bank Launches Proprietary Stablecoin on Stellar
A U.S. bank has successfully piloted the transfer of value between its North American and European entities using USBDC, a dollar-backed token issued on the Stellar network. The pilot program evaluated key functions including minting, redemption, freezing, and clawback capabilities.
Summaries are written by AI from the original article. Not investment advice.