Stablecoin News: US Bank Launches USBDC Stablecoin on Stellar Network
US Bank Completes Live USBDC Pilot on Stellar
US Bank has completed a live pilot using its own USBDC stablecoin for a cross border payment. In fresh Stablecoin News, the transfer moved value between two of the lender's entities in North America and Europe on September 9, 2026, using the Stellar network.
According to the official announcement, USBDC is a proprietary, US dollar-backed token built on an internal digital asset platform.
This is one of the first cases of a major American lender testing its own dollar token on a public blockchain, and it lands alongside a second piece of Stablecoin News from the same network, the arrival of USDT0 on Stellar.
Inside the Cross-Border USBDC Transaction
The official press release states that the token was used to complete a cross border payment between two internal entities. USBDC promises 24/7 transaction capability, something older banking rails cannot always offer.
The pilot tested four core functions:
Minting new units
Redeeming the token for payments
Freezing balances when required
Clawing back funds under internal policy
Detail | What Was Confirmed |
Token name | USBDC |
Backing | US dollar, 1:1 |
Network used | Stellar |
Transaction type | Cross-border, North America to Europe |
Date | September 9, 2026 |
Platform | Internal Digital Asset Platform |
This pilot builds on an ongoing relationship with the Stellar Development Foundation, which supports regulated financial use cases through near-instant settlement and low transaction costs.
Source: Official PDF
Network Momentum Builds With USDT0
The USBDC pilot is not the only stablecoin news tied to Stellar this week. The foundation behind the chain confirmed that USDT0 is now live on its rails, giving users direct access to global USDT liquidity.
USDT0 runs on the LayerZero interoperability standard, so holders tap the same liquidity pool shared across other connected chains rather than a separate, isolated supply. The official blog post notes this pool sits behind a token with more than 180 billion dollars in worldwide market value.
USDT0 is already reachable through several wallets on Stellar:
Category | Platforms Supporting USDT0 |
Exchange | Kraken |
Wallets | Freighter, Lobstr, Meru, Bitget Wallet |
Institutional tools | Fireblocks, Ramp Network |
DeFi | SushiSwap |
Together, the pilot and the USDT0 rollout point to a busy stretch of stablecoin news for the chain, spanning both a bank-issued token and a widely used market asset.
Source: Official Stellar Report
Why This Stablecoin News Matters: Expert Take
From an industry view, this Stablecoin News reflects two connected trends. Lenders are now testing blockchain rails for real payments rather than research-only projects.
At the same time, established dollar tokens are expanding onto networks built for payments rather than trading alone.
Analysts who track such pilots point to the minting, freezing, and clawback controls built into USBDC. These features matter for compliance teams, since they let an institution keep existing oversight tools while still moving funds on a public chain.
For everyday users and platforms, broader access to dollar tokens on Stellar could mean more payment routes and lower transfer costs over time. Actual adoption still depends on regulatory clarity across each region.
Large financial firms have moved carefully into digital dollar tools over the past few years, often starting with closed pilots before any public rollout. A cross-border test between a bank's own entities fits that cautious pattern, letting teams check settlement speed and internal controls before wider use.
Official Statements on the Pilot
US Bank shared direct comments alongside the announcement. Gunjan Kedia, Chairman and CEO, said the work demonstrates an ability to speed up global cash management and money movement.
Jamie Walker, Head of Digital Assets and Money Movement, called the pilot another step in a broader digital asset strategy, adding that the focus stays on client needs alongside safety and reliability.
What Comes Next
Future work may cover liquidity management, collateral mobility, cross-border treasury operations, and other institutional use cases, though none of these carry a confirmed launch date yet.
This Stablecoin News shows banks and public blockchains moving closer together, even though USBDC and USDT0 both remain in early or pilot phases. Readers should treat this as a developing story and follow official channels from US Bank and the Stellar Development Foundation for further updates.
YMYL Disclaimer: This article is for informational purposes only and does not offer financial or investment advice. CoinGabbar does not guarantee future price movements or returns on any token mentioned in this piece.
