U.S. Bancorp pilots stablecoin payments and custody on Stellar blockchain
first published 2025-11-26T03:10:44Z
US Bancorp is piloting a stablecoin on the Stellar blockchain in partnership with PwC and the Stellar Development Foundation to demonstrate regulated, bank‑grade programmable money. The bank chose Stellar because its base layer supports freezing assets and unwinding (clawbacks) for customer protections. The pilot is intended to show practical, regulated use cases for tokenized assets; US Bancorp manages over $664 billion in assets and reported more than $27.5 billion in annual revenue.
AI Analysis
US Bancorp launched a stablecoin pilot on Stellar with PwC and the Stellar Development Foundation; it selected Stellar specifically because the base layer supports freezing and clawbacks; the pilot aims to demonstrate regulated, bank‑grade programmable money and the bank is a large institution with $664B AUM and $27.5B+ revenue.
Expected Investor Sentiment: Bullish
Potential Market Impact: Significant
Source Articles
- ‘Institutions have arrived’ — US Bancorp launches stablecoin pilot on Stellar network - Cointelegraph
- South African Reserve Bank flags crypto and stablecoins as financial risk - Crypto News
- U.S. Bancorp pilots stablecoin payments on Stellar blockchain - Crypto News
- BIS taps IMF digital money chief and CBDC hawk as new head of Innovation Hub - Cointelegraph
- Stellar XLM Price Prediction 2025, 2026 – 2030: Will The XLM Coin Reach $1? - Coinpedia
- U.S. Bank Explores Stablecoin Issuance on Stellar Network - Bitcoin.com
- Bolivia Approves Crypto Banking: USDT to Be Used for Daily Payments - Coinpedia
