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U.S. Bank Issues Its Own Stablecoin On Stellar

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U.S. Bank completed a live cross-border payment between its North American and European entities using USBDC, a dollar-backed stablecoin the bank issued on Stellar, the bank said Wednesday. A federally regulated U.S. bank issuing its own token on a permissionless chain puts bank money on the same… Read the full story at The Defiant

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