U.S. Bank takes next step towards launching its stablecoin with cross-border payment test

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U.S. Bank takes next step towards launching its stablecoin with cross-border payment test

60-second summary

U.S. Bank advances its USDBC stablecoin project by completing a live cross‑border treasury payment test, signaling readiness to use the digital asset for liquidity management, collateral and broader treasury operations. The bank’s fifth‑largest U.S. commercial status adds credibility, prompting market participants to watch for accelerated stablecoin adoption and potential shifts in interbank settlement efficiency.

The fifth-largest U.S. commercial bank said it is exploring USBDC stablecoin for treasury payments, liquidity management and collateral after completing a live transaction.