U.S. Bank Moves Real Dollars on a Public Chain, But With a Kill Switch
U.S. Bank stablecoin USBDC moved real dollars on Stellar, and the bank kept the power to freeze and reverse it. The post U.S. Bank Moves Real Dollars on a Public Chain, But With a Kill Switch appeared first on BeInCrypto.
Key Takeaways
- Bank stablecoin USBDC moved real dollars on Stellar, and the bank kept the power to freeze and reverse it.
- Bank Moves Real Dollars on a Public Chain, But With a Kill Switch appeared first on BeInCrypto.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
German finance ministry proposes 25% crypto tax starting 2028: Report
The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains tax-free after one year of holding.
Lightning Security Alert: Alby Reveals Critical Hub Vulnerability
On Sept. 9, 2026, Alby, the Bitcoin Lightning Network and Nostr tooling company, revealed a critical security flaw in older versions of Alby Hub, a Lightning-centric node and wallet. Lightning Project Alby Confirms Critical Flaw in Older Hub Versions The team…
Algorand names former Chainlink executive William Herkelrath as CEO
The former Chainlink and Curv executive will lead the blockchain organization’s push into institutional finance and quantum-resistant security.