DeFi· ★★★· bullish·

US Bank runs live USBDC stablecoin pilot on Stellar between US and EU

  • —US Bank completed a live cross-border USBDC pilot between its US and EU entities
  • —Stellar was picked for asset freezing, clawback and compliance features
  • —USBDC and XLM are separate assets; stablecoin activity does not automatically lift XLM demand
Why it matters: A major US bank is putting a stablecoin on a public blockchain, reinforcing institutional demand for Stellar.
#XLM
Source: The Cryptonomist (IT)
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