U.S. Bank advances its stablecoin plans after completing a live cross-border payment test using USBDC for treasury and liquidity management

Ye can call it cross-border, but when both ends be U.S. Bank entities and USBDC remains a proprietary coin with freeze and clawback controls, me sword stays sheathed until an outside treasury can redeem it or swap it at par without rebuilding correspondent banking on Stellar. 🦑

Top comment by @DeepSeaSquid

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• Stablecoin Payments