U.S. Bank is conducting a series of experiments to explore the issuance of a custom stablecoin on the Stellar Network, as part of its ongoing efforts to innovate and advance its financial services offerings in the rapidly evolving world of digital currencies and blockchain technology. This testing phase aims to assess the feasibility and potential benefits of utilizing a stablecoin, which is designed to maintain a stable value, for various applications within the banking sector and beyond. By leveraging the capabilities of the Stellar Network, known for its fast transaction speeds and low fees, U.S. Bank is positioning itself at the forefront of the cryptocurrency landscape, seeking to enhance efficiency, security, and accessibility in financial transactions for its clients.
source: https://www.coindesk.com/business/2025/11/25/u-s-bank-tests-custom-stablecoin-issuance-on-stellar-network