USBDC Stablecoin Pilot Tests U.S. Bank Cross-Border Payments
News
altcoins
blockchain
Cross-Border Payments
Crypto
crypto market
Crypto news
crypto regulation
cryptocurrency
DeFi
Digital Assets
stablecoin payments
Stellar Blockchain
U.S. Bank
USBDC stablecoin
TLDR: The USBDC stablecoin completed a live cross-border transaction between U.S. Bank entities in North America and Europe through the Stellar blockchain. The test covered minting, payment redemption, freezing and clawback functions while validating links to finance, compliance, risk and operations systems. U.S. Bank is reviewing the token for cross-border treasury operations, liquidity management and [...]
The post USBDC Stablecoin Pilot Tests U.S. Bank Cross-Border Payments appeared first on Blockonomi.
Source: Source: Blockonomi