U.S. Bank has initiated a pilot program to issue custom stablecoins on the Stellar blockchain. This initiative is in collaboration with PwC and the Stellar Development Foundation, aiming to explore the potential of blockchain technology in enhancing financial services. The project will assess the efficiency and security of stablecoin transactions on the Stellar network, which is known for its fast and low-cost cross-border payment capabilities.
U.S. Bank Pilots Stablecoin Issuance on Stellar Network
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