
U.S. Bank to launch USBDC stablecoin on Stellar in H1 2027
- —U.S. Bank completed a test USBDC transaction on Stellar on September 9
- —The official USBDC launch is planned for the first half of 2027
- —MoneyGram issued the MGUSD stablecoin on Stellar in June
- —XLM's market capitalization is $6.59 billion, ranking 16th among cryptocurrencies
Why it matters: The arrival of the fifth-largest US bank on Stellar strengthens the trend of TradFi assets migrating to blockchain and supports demand for XLM.
Source: ZyCrypto