Stellar News: U.S. Bank Trials Stablecoin on Stellar Blockchain
The post Stellar News: U.S. Bank Trials Stablecoin on Stellar Blockchain appeared on BitcoinEthereumNews.com.
U.S. Bank is testing its own stablecoin on the Stellar blockchain. This expands digital assets, highlighting Stellar’s asset-freeze capability for institutional control. U.S. Bancorp is currently testing its own stablecoin. This is occurring on the Stellar blockchain. This initiative is part of its larger expansion into digital assets. According to Bloomberg, the bank recently created a digital assets and money movement unit. This emphasizes its dedication to innovation. U.S. Bank Leverages Stellar for Digital Asset Expansion Mike Villano, head of digital asset products at US Bank, commented on the trial. He mentioned that Stellar’s ability to freeze assets is one of the control features. Institutions consider this while considering on-chain stablecoin adoption. This makes a critical point about security and regulatory compliance for banks. U.S. Bank is joining the stablecoin race among several financial instutitions by testing its own token on the Stellar blockchain. https://t.co/4runV2jeLf — Bloomberg (@business) November 25, 2025 U.S. Bancorp is trialing its own stablecoin on the public Stellar blockchain. This is part of a larger push into digital assets. This is straight from the Minneapolis-based financial institution. This move puts U.S. Bank in line with other major players. Related Reading: Stellar Crypto News: Stellar CEO Hails 700% Surge in XLM Contracts Amid Rapid Adoption | Live Bitcoin News The bank joins many other major players in the financial world. They aim to take advantage of the rising interest in stablecoins. These cryptocurrencies are usually backed on a 1:1 basis by US dollars. This is kept in cash reserves as well as short-term US Treasuries. The prospect of lower cross-border transfers and more lax regulation has spurred investment. Citigroup Inc. recently tapped into Coinbase Global Inc. as its stablecoin partner. Stellar was made for moving money. It also makes it easy to issue assets. With 99.99% uptime…
Filed under: News - @ November 26, 2025 4:27 am