U.S. Bank Issues Its Own Stablecoin On Stellar

Compiled by KoinLens from 1 source

The bank said Wednesday it moved value between its North American and European entities with USBDC, a dollar-backed token it issued on Stellar. The pilot tested minting, redemption, freezing and clawback. XLM trades at $0.18, down 3.1% on the day.

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