Crypto
US Bank Pilots USBDC Stablecoin on Stellar Blockchain
US Bank has partnered with PT Bumi Santosa Cemerlang to pilot a new stablecoin called USBDC on the Stellar blockchain. The move marks another step towards mainstream adoption of digital assets in financial markets.
The USBDC stablecoin is designed to provide a secure and efficient way for users to transact and store value, with PT Bumi Santosa Cemerlang providing oversight and supervision by the Financial Services Authority of Indonesia (OJK).