163-Year-Old US Bank Just Moved Its Own Stablecoin Across Europe

The fifth-largest commercial bank in the United States, U.S. Bank, announced this week that the Minneapolis lender completed a transaction using a stablecoin it issued itself on the public Stellar blockchain. U.S. Bank Takes Its Own Stablecoin Onto a Public Blockchain The banking industry is very much involved with blockchain and stablecoins these days, and […]
Key Takeaways
- The fifth-largest commercial bank in the United States, U.S.
- Bank, announced this week that the Minneapolis lender completed a transaction using a stablecoin it issued itself on the public Stellar blockchain.
- Bank Takes Its Own Stablecoin Onto a Public Blockchain The banking industry is very much involved with blockchain and stablecoins these days, and […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Pump.fun Lets Memecoins Trade Against Tokenized Stocks on Solana
Pump.fun is letting users launch tokens paired directly with tokenized stocks, crypto majors, and metals on Solana. The move brings memecoin speculation and real-world assets into the same liquidity pools, while reviving questions about how far tokenized…

The CLARITY Act Has 100 New Changes and a 60-Vote Problem
According to reports, Senate Republicans circulated a new Digital Asset Market Clarity Act draft on Thursday following the August Congressional recess. Polymarket bettors increased the odds of the legislation passing this year from 16% to 19% following the…

ESMA warns growing crypto ties could amplify risks to traditional finance
The EU securities regulator flagged tokenized equities, DeFi exploits and prediction markets as areas where growing crypto ties could pose risks to the broader financial system.