163-Year-Old US Bank Just Moved Its Own Stablecoin Across Europe

Crypto Insight Summary: The fifth-largest commercial bank in the United States, U.S. Bank, announced this week that the Minneapolis lender completed a transaction using a stablecoin it issued itself on the public Stellar blockchain. U.S. Bank Takes Its Own Stablecoin Onto a Public Blockchain The banking industry is very much involved with blockchain and stablecoins these days, and […] Crypto Insight Analysis: Direction: Bullish XLM Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: US Bank's stablecoin on Stellar boosts adoption and credibility for XLM.