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U.S. Bancorp Prepares Launch of Dollar-Pegged USBDC Stablecoin

U.S. Bancorp logoU.S. Bancorp
Sig1.55Sen+2.25Env0.00Soc+1.25Gov+0.30

U.S. Bancorp is preparing to launch USBDC, a stablecoin pegged one-for-one to the U.S. dollar. The lender says it is exploring uses such as cross-border treasury operations, liquidity management, and collateral movement, but provided no timing for availability to clients. The move follows similar announcements by other financial institutions.

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