U.S. Bank tests internal cross-border stablecoin transfer on Stellar, CryptoSlate reports
CryptoSlate says the USBDC pilot linked the bank’s North American and European entities. No customers were involved, and no commercial rollout date was announced.
TLDR
U.S. Bank moved its USBDC stablecoin between its North American and European entities in a live Stellar pilot, CryptoSlate reports. The test covered creating and redeeming tokens, along with freezing and clawback controls. CryptoSlate says the pilot involved no customers and came with no announced date for a commercial rollout.
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