Wire · technology
U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction
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Fusion42 · 9 September 2026 · Fusion42 review
U.S. Bank has completed a live cross-border payment using its proprietary stablecoin USBDC on the Stellar blockchain, integrating it with traditional banking systems. The pilot validates the bank's Digital Asset Platform and explores further applications like treasury operations and collateral movement.
This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it.
◆ ◆ The Wire takeaway
You can now bypass traditional cross-border rails using stablecoins integrated into bank infrastructure. This opens a path to faster settlement and new treasury tools if you build fintech or payment tech targeting institutional clients.
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3 sources · 9 Sep 2026
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