Big news: U.S. Bank is testing custom stablecoin issuance on the Stellar
U.S. Bank, PwC, and the Stellar Development Foundation unveiled a major step forward in making programmable money bank-grade: U.S. Bank is testing custom stablecoin issuance on the Stellar network.
Trusted financial institutions choose Stellar for its protocol-level asset controls, decade of 99.99% uptime, and the compliance infrastructure traditional finance requires like the ability to freeze assets and unwind transactions.
In the words of Mike Villano, Senior Vice President, Enterprise Innovation, U.S. Bank: "SDF was an excellent partner. We were very interested in the platform for the low cost transactions it made available and other institutions like Franklin Templeton and wisdom tree have also built on top of Stellar."
The collaboration with U.S. Bank and PwC proves what we've always known: Stellar is the infrastructure for enterprise-grade finance.
U.S. Bank, PwC, and the Stellar Development Foundation unveiled a major step forward in making programmable money bank-grade: U.S. Bank is testing custom stablecoin issuance on the Stellar network.
Trusted financial institutions choose Stellar for its protocol-level asset controls, decade of 99.99% uptime, and the compliance infrastructure traditional finance requires like the ability to freeze assets and unwind transactions.
In the words of Mike Villano, Senior Vice President, Enterprise Innovation, U.S. Bank: "SDF was an excellent partner. We were very interested in the platform for the low cost transactions it made available and other institutions like Franklin Templeton and wisdom tree have also built on top of Stellar."
The collaboration with U.S. Bank and PwC proves what we've always known: Stellar is the infrastructure for enterprise-grade finance.
Forwarded from Watcher Guru
Bitcoin Price on Thanksgiving 🦃
2010: $0.28
2011: $2.49
2012: $12.51
2013: $813
2014: $376
2015: $328
2016: $739
2017: $8,771
2018: $4,015
2019: $7,150
2020: $18,764
2021: $58,927
2022 $16,353
2023: $37,035
2024: $95,531
2025: $91,711
@WatcherGuru
2010: $0.28
2011: $2.49
2012: $12.51
2013: $813
2014: $376
2015: $328
2016: $739
2017: $8,771
2018: $4,015
2019: $7,150
2020: $18,764
2021: $58,927
2022 $16,353
2023: $37,035
2024: $95,531
2025: $91,711
@WatcherGuru
Forwarded from Watcher Guru
Forwarded from Watcher Guru
JUST IN: 🇺🇸 SEC Chair Paul Atkins says US financial markets are moving "on-chain."
"SEC is prioritizing innovation and embracing new technologies to enable this on-chain future."
@WatcherGuru
"SEC is prioritizing innovation and embracing new technologies to enable this on-chain future."
@WatcherGuru
Forwarded from Watcher Guru
Forwarded from Watcher Guru
JUST IN: 🇺🇸 President Trump says the stock market keeps hitting all-time highs "because of tariffs."
@WatcherGuru
@WatcherGuru
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