U.S. Bancorp launched a pilot on November 25 to issue custom stablecoins on the Stellar network, partnering with PwC and the Stellar Development Foundation for compliance testing.
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The initiative explores programmable money in a regulated environment, leveraging Stellar’s freeze and unwind features to meet KYC and reversal requirements for institutional use.
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With billions in daily settlements already on Stellar, this bank-grade trial could accelerate stablecoin adoption among traditional finance players.
⠀
Join the free telegram in our bio for daily crypto news and insights
⠀
The initiative explores programmable money in a regulated environment, leveraging Stellar’s freeze and unwind features to meet KYC and reversal requirements for institutional use.
⠀
With billions in daily settlements already on Stellar, this bank-grade trial could accelerate stablecoin adoption among traditional finance players.
⠀
Join the free telegram in our bio for daily crypto news and insights
U.S. Bancorp launched a pilot on November 25 to issue custom stablecoins on the Stellar network, partnering with PwC and the Stellar Development Foundation for compliance testing.
⠀
The initiative explores programmable money in a regulated environment, leveraging Stellar’s freeze and unwind features to meet KYC and reversal requirements for institutional use.
⠀
With billions in daily settlements already on Stellar, this bank-grade trial could accelerate stablecoin adoption among traditional finance players.
⠀
Join the free telegram in our bio for daily crypto news and insights 📲
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