U.S. Bank Successfully Tests Cross-Border Payment with USBDC Stablecoin on Stellar

U.S. Bank has successfully completed a live cross-border payment using its proprietary USBDC stablecoin on the Stellar blockchain.

The transaction was part of a pilot project that tested the minting, redemption, freezing, and clawback functions of the stablecoin while integrating with the bank's existing risk, compliance, and operations systems.

This achievement validates U.S. Bank's internally developed Digital Asset Platform, which connects tokenized assets to its traditional banking infrastructure.

The pilot built on the bank's broader push into digital assets, including its establishment of a dedicated Digital Assets and Money Movement unit in October 2025.