U.S. Bank is testing stablecoin issuance on Stellar, choosing the network for its compliance features including asset-freeze controls, trust lines, and ability to handle 1,000+ transactions per second. The pilot signals banks are moving toward tokenized settlement infrastructure.
U.S. Bank announced it is piloting stablecoin issuance on the Stellar network, citing the platform's built-in compliance capabilities as a key factor. Stellar's features include asset-freeze and transaction clawback abilities at the blockchain layer, trust lines that let users control which tokens they receive, and support for 1,000+ transactions per second. The bank also serves as custodian for Anchorage Digital Bank's stablecoin platform. While most major U.S. banks remain in early discussions about stablecoins, U.S. Bank's pilot signals the sector is entering an institutional phase where banks are testing tokenized settlement mechanics. Analysts expect regulatory clarity to determine deployment timelines and which institutions move fastest.