U.S. Bank Pilots Custom Stablecoin on Stellar Network

U.S. Bank, joined by PwC and the Stellar Development Foundation (SDF), has launched a trial run for a custom stablecoin issuance on the Stellar blockchain. This groundbreaking initiative signifies a push towards utilizing blockchain technology to revolutionize financial services. The collaboration seeks to leverage Stellar’s unique strengths in streamlining transactions while enhancing security and reliability.