USBDC runs a live pilot on Stellar, U.S. Bank says
U.S. Bank’s proprietary USD-backed stablecoin USBDC is running a successful live pilot on Stellar, placing its dollar token in production conditions on an open network rather than a private one.
S. Bank said its proprietary USD-backed stablecoin, USBDC, is running a live pilot on Stellar. The bank described the test as successful and said it makes USBDC one of the first bank-issued stablecoins deployed on a public blockchain. S.
Bank said the pilot places a traditional bank’s dollar token in production conditions on an open network rather than a private one.