U.S. Bank has successfully completed a live pilot using its USBDC stablecoin on the public Stellar blockchain to transfer real money between its U.S. and European branches. This marks a significant step as the bank chose an open blockchain network, addressing regulatory concerns with integrated risk management and compliance features like freezing and clawback. The pilot demonstrates the potential for fast, low-cost, and secure cross-border payments without traditional intermediaries. Initially, USBDC will be used internally for treasury operations, with U.S. Bank leading ahead of competitors still planning similar projects.
Gratus Reserve V filed with the SEC to launch a $75 million fund that provides retail investors access to an institutional-level crypto strategy focused on XRP and ISO-20022-compliant assets. The fund highlights that buying XRP through institutional ...
XLM crypto price rose 1.45% to approach the key $0.20 level, extending recovery from August lows near $0.155. Stellar recently integrated Tether's USDT0 stablecoin, enhancing liquidity and payment options on its network. This addition aims to increas...
