Stellar Wins US Bank’s USBDC Stablecoin Selection
Photo: CryptoNewsLand
US Bank chose Stellar to power its stablecoin, USBDC, for its "controls that enable regulated digital asset operations and compliance requirements. Asset freezing and clawback functions remain controversial among crypto users but may serve banks managing legal and operational risks. US Bank has tested USBDC in a live cross-border pilot involving its US and EU entities, according to Tokenicer. Stellar’s selection for US Bank’s USBDC stablecoin reflects institutional demand for blockchain systems combining digital transfers with regulatory controls and operational safeguards.
Source: CryptoNewsLand
