U.S. Bank Moves Its Own Stablecoin Across Borders on Stellar

By Isaac • September 9, 2026 3:32 pm •

U.S. Bank has moved its own digital dollar across borders on a public blockchain.

The bank completed a live pilot payment between U.S. Bank entities in North America and Europe using USBDC, its proprietary U.S. dollar-backed stablecoin. The transaction settled on the Stellar network.

This was an internal bank-to-bank pilot rather than a public token launch. U.S. Bank says the transaction was live and remained connected to the finance, risk, compliance and operations controls that govern its traditional banking business.

U.S. Bank announced the completed transaction directly:

U.S. Bank successfully executed a live pilot transaction using USBDC, our proprietary U.S. dollar-backed stablecoin, to enable a cross-border payment between U.S. Bank entities in North America and