U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction
The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain.
Key Takeaways
- The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
How Tether’s $45 million crackdown drove Southeast Asian scam compounds into an ‘unfreezable’ decentralized stablecoin
Bitrace puts targeted Xinbi-linked holdings above $45 million as the sanctioned marketplace announces a USDD-only plan. The post How Tether’s $45 million crackdown drove Southeast Asian scam compounds into an ‘unfreezable’ decentralized stablecoin appeared…
Secret Service Freezes $52.8 Million in Crypto Tied to Telegram Bazaar Behind Global Scams
Blockchain sleuths at Elliptic traced the money, Treasury sanctioned the marketplace, and Xinbi—which ran $24 billion through a Telegram scam bazaar—called the freeze unfair.
Bitcoin fails to reclaim $80K as Bessent fuels yen strength around 153 per dollar
Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carry-trade unwind.