U.S. Bank completes USBDC stablecoin pilot on Stellar

U.S. Bank completed a live cross-border payment pilot moving its proprietary USBDC stablecoin between its own North America and Europe entities on the public Stellar blockchain — one of the first such trials by a major U.S. bank using a public network for internal treasury flows. KuCoin amplified the announcement via its official feed, directing followers to the full blog post.

• Pilot moved USBDC between U.S. Bank's own entities across regions on Stellar
• Marks one of the first live uses of a bank-issued stablecoin on a public blockchain by a major U.S. bank