U.S. Bancorp CEO Gunjan Kedia revealed at the Morgan Stanley Financial Conference that the bank is exploring business opportunities in the stablecoin

U.S. Bancorp CEO Gunjan Kedia revealed at the Morgan Stanley Financial Conference that the bank is exploring business opportunities in the stablecoin sector. She noted that the current focus is on stablecoin payments, with potential involvement including issuing its own stablecoin through partnerships or providing custody services for reserve assets. Previously, the bank disclosed that its spot Bitcoin ETF holdings exceed $15 million.
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