U.S. Bank Completes Cross-Border Payment Pilot on Stellar

U.S. Bank has successfully completed a cross-border payment pilot using its proprietary stablecoin, USBDC, on the Stellar blockchain. The transaction involved transferring funds between the bank's North American and European entities. The pilot validated core stablecoin functions such as minting, redemption, and clawback capabilities, confirming the integration of the bank's digital asset platform with traditional risk management systems.