U.S. Bank completed the first live pilot transaction on Stellar using USBDC stablecoin, enabling cross-border payment between North American and European entities. All compliance controls (minting, redemption, freezing, clawback) integrated directly into the protocol and connected to the bank's core finance, risk, and operations systems.
U.S. Bank completed the first live pilot transaction on Stellar using USBDC stablecoin, moving real dollars cross-border with compliance controls (minting, redemption, freezing, clawback) integrated into the protocol and connected to core banking systems. The pilot validated the full lifecycle a regulated issuer requires: settlement in seconds, costs below one cent, and 99.99% uptime. U.S. Bank and SDF are now evaluating further applications: liquidity management, collateral mobility, and cross-border treasury operations.
