U.S. Bank has run a pilot transaction using its own USBDC stablecoin on the public Stellar blockchain. The test involved moving the asset between the bank’s North American and European branches, simulating a cross-border transfer on an open network.

What Happened

The bank tested sending USBDC between its North American and European divisions over Stellar’s public network. This was an internal cross-border transfer within the same banking group, using their own digital asset.

Stellar and XLM Context

The transaction took place within the Stellar (XLM) ecosystem. By using a public blockchain for the pilot, U.S. Bank is showing real interest in open infrastructure for moving tokenized assets between different jurisdictions, without relying on closed, proprietary systems.

Why This Pilot Matters

The successful USBDC transfer between branches on different continents proves this kind of cross-border scenario works on a public network. The pilot is a live example of inter-branch stablecoin transfers, though the bank hasn’t shared details on transaction size or other parameters.