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.

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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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