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U.S. Bank Launches USBDC Stablecoin

Source: Business Wire

FintechCrypto & Digital AssetsBanking & Liquidity

U.S. Bank announced successful completion of a live pilot transaction using USBDC, its proprietary U.S. dollar-backed stablecoin. The transaction marks a practical test of the bank's stablecoin infrastructure, but the release provided no transaction size, commercialization timeline, or financial impact.

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