U.S. Bank completes live cross-border payment test using USBDC stablecoin for treasury and liquidity management.
DeFi & Yields ·
U.S. Bank completed a live cross-border payment test using USBDC, its stablecoin, for treasury and liquidity management applications. The test marks a step forward in the bank's stablecoin development as the sector moves from proof-of-concept toward infrastructure buildout, with monthly stablecoin settlement volumes exceeding $390 billion.