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U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction

Published Source: CoinTelegraphRead original

Crypto Insight Summary: The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain. Crypto Insight Analysis: Direction: Bullish XLM Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Bank pilot on Stellar boosts institutional confidence in blockchain.

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U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction — Crypto Insight