U.S. Bank Pilots Stablecoin on Stellar with PwC and SDF

Published at 2025-11-26 12:45:11

U.S. Bank has launched a pilot to develop a custom stablecoin on the Stellar blockchain in collaboration with PwC and the Stellar Development Foundation. The effort is billed as a strategic exploration of programmable digital banking infrastructure rather than an immediate product rollout, intended to test how tokenized balances and programmable payments might integrate with existing banking operations.

The bank points to Stellar’s performance and near-continuous uptime (99+%) as reasons for choosing the network, aiming to assess resilience, settlement speed and operational fit. PwC’s participation signals a focus on governance, compliance and practical implementation, while the pilot’s progress will be watched closely by the XLM ecosystem and institutional crypto observers as a measure of growing enterprise interest in tokenized money.

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