U.S. Bank Tests Custom Stablecoin Issuance on the Stellar Network with PwC and SDF

COINOTAG News, citing crowdfundinside, reports that U.S. Bank, in collaboration with PwC and the Stellar Development Foundation (SDF), has initiated a pilot to issue a custom stablecoin on the Stellar network.

The initiative aims to assess issuance mechanics, governance, custody, and on‑chain settlement within a controlled environment, with PwC providing compliance oversight and the SDF guiding network integration for interoperability and risk management.

Should the pilot prove viable, the project could inform broader deployments of programmable money on the Stellar chain, reinforcing the platform’s role in streamlined cross‑border payments and digital asset issuance while adhering to regulatory expectations.