U.S. Bank Taps Stellar Network for Custom Stablecoin Trial, Backed by PwC and SDF

U.S. Bank has begun testing custom stablecoin issuance on the Stellar blockchain, marking one of the most progressive moves yet by a major U.S. financial institution toward programmable digital money. The development was announced during the bank’s Money 20/20 podcast episode, The Tokenized Future of Banking, featuring leaders from U.S. Bank, SDF, and PwC discussing how tokenization will reshape the future of financial services. The initiative shows a growing shift among major financial institutions towa ...