US Bancorp Tests Stablecoin Payments on Stellar Blockchain
US Bancorp is pioneering the integration of stablecoins into traditional banking systems through a pilot program on the stellar blockchain. The initiative, supported by the Stellar Development Foundation and PwC, explores regulated financial operations like asset freezing and transaction reversals—critical features for institutional adoption.
Stellar's infrastructure offers near-instant settlements (3–5 seconds) and negligible fees ($0.000005 per operation), aligning with the bank's need for efficiency and compliance. The network's built-in KYC and clawback capabilities further position it as a viable platform for mainstream financial applications.
This experiment signals growing institutional confidence in blockchain-based payment rails, with Stellar emerging as a preferred choice for enterprises seeking public ledger solutions that balance speed, cost, and regulatory adherence.
