The Defiant·The Defiant Team·2h ago
U.S. Bank Issues Its Own Stablecoin On Stellar
Read original on The DefiantThe 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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💬 Discussion: U.S. Bank Issues Its Own Stablecoin On Stellar
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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