U.S. Bank Stablecoin USBDC Moves From Experiment to Live Cross-Border Test

U.S. Bank is giving its stablecoin a trial run in the real world. The bank has completed a live cross-border transaction using USBDC, its proprietary U.S. dollar-backed token, as it explores whether stablecoins can become part of its everyday treasury and payments operations.The transaction connected U.S. Bank entities in North America and Europe, marking a step beyond the controlled experiments that have defined much of the financial sector’s early interest in blockchain-based money.For y