Global #US bank

U.S. Bank, a publicly traded bank based in Minneapolis, has announced it is testing a stablecoin on the Stellar blockchain. The project is a collaboration with consulting firm PwC and the Stellar Development Foundation.

Anchorage Digital Bank, a key player in institutional crypto and digital assets, has significantly enhanced its services by introducing global US Dollar wire transfers.

US Bank, the fifth-largest bank in the US, has restarted its cryptocurrency custody operations after a four-year break.

Digital banking giant Revolut is reportedly exploring the acquisition of a US bank as a strategic move to accelerate its entry into the American market.

In a pivotal shift for the financial sector, Bank of America and U.S. Bank have announced plans to integrate stablecoins, marking a significant step toward merging traditional banking with digital assets.

Bitcoin reached an all-time high on Tuesday, marking a significant rally in the digital asset market following Donald Trump’s re-election as president.