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US Bancorp executes first live transaction using dollar-backed USBDC stablecoin

Summary by WTVB

Sept 9 (Reuters) - U.S. Bancorp said on Wednesday it completed a live pilot transaction using its proprietary U.S. ‌dollar-backed stablecoin, USBDC as lenders race to develop blockchain-based payment networks with stablecoins gaining wider adoption. H...

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WTVB

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US Bancorp executes first live transaction using dollar-backed USBDC stablecoin

2 hours ago

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Coin Desk

+2 Reposted by 2 other sources

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U.S. Bank takes next step towards launching its stablecoin with cross-border payment test

1 day ago·New York, United States

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DiarioBitcoin

US Bank Tests Its Own Stablecoin in Stellar for Payments and Settlements

US Bank is testing the issue of a custom stable on the Stellar public network, in collaboration with the Stellar Development Foundation and PwC. The initiative seeks to assess how a bank can issue and manage tokenized money for payments and other operations, although there is no confirmation of a widespread commercial launch.

1 hour ago

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Crypto Briefing

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US Bank tests USBDC stablecoin for cross-border payments on Stellar blockchain

US Bank completes a live USBDC stablecoin pilot on Stellar blockchain for cross-border payments, becoming one of the first major banks to issue a

2 hours ago

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Business Wire

U.S. Bank Launches USBDC Stablecoin

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank today announced the successful execution of a live pilot transaction utilizing USBDC, the bank's proprietary U.S. dollar-backed stablecoin.

2 hours ago·Crystal River, United States

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