US Bank Taps Stellar For Stablecoins: XLM Back On Track?
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During the latest edition of the U.S. Bank Money 20/20 podcast, dubbed “The Tokenized Future of Banking”. The US Bank revealed to be testing custom stablecoin issuance on Stellar’s DLT chain. The experiment is mainly focused on stablecoin payments and crypto custody, said Mike Villano, Senior Vice President at US Bank. https://twitter.com/StellarOrg/status/1993352205471223836 U.S. Bancorp, one of the leading banking corporations in the United States, has maintained a cautious stance on crypto currency, despite a few positive instances in custody & infrastructure partnerships. With the new deal going live on Stellar Lumens (XLM) chain, U.S. Bancorp is likely to boost
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