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U.S. Bancorp completes live cross-border payment test with USBDC stablecoin

U.S. Bancorp (USB) said it completed a live test transaction using USBDC to settle a cross-border payment between bank companies in North America and Europe.

USB

S. Bancorp (USB) said on Wednesday it completed a live test transaction using USBDC, its private dollar-backed stablecoin, to settle a cross-border payment between bank companies in North America and Europe. The transaction was live on the…