U.S. Bancorp has announced the creation of a dedicated division focused on digital assets and cash flow operations, aiming to accelerate the development of digital products and expand revenue from emerging financial services. Chief Digital Officer Dominic Venturo stated that clients are increasingly looking to leverage digital assets for secure fund transfers, deposit management, and asset tokenization. The new division will concentrate on areas such as stablecoin issuance, crypto asset custody, asset tokenization, and digital payments.