U.S. Bank Announces Live Pilot Cross-Border Payment Between Its North America And Europe Entities Using USBDC Dollar-Backed Stablecoin On Stellar Blockchain
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Why It Matters
U.S. Bank is testing a new fast way to send money between North America and Europe using special digital coins on a blockchain—that's a record-keeping computer network. This shows the bank is trying new technology, but it's just a test right now, so we can't say yet if it will work well or become popular.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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