{
  "id": 6648300,
  "title": "U.S. Bancorp To Launch Its Own Stablecoin",
  "url": "https://urgent.news/2026/09/09/u-s-bancorp-to-launch-its-own-stablecoin",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T13:38:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/crypto/articles/u-bancorp-launch-own-stablecoin-133800310.html"
  },
  "original_language": "en",
  "account": "U.S. Bancorp, the fifth largest lender in America, is set to launch its own stablecoin. The Minneapolis-based bank recently completed a cross-border payment via the new stablecoin, USBDC, and is now exploring broader uses for the cryptocurrency. USBDC is pegged one-for-one to the U.S. dollar. The bank's live pilot demonstrates its ability to accelerate global cash management and money movement capabilities, according to a statement from U.S. Bancorp. The lender is considering using USBDC for cross-border treasury operations, liquidity management, and collateral movement. U.S. Bancorp has not disclosed when the stablecoin will be made available to clients or a timeline for a commercial rollout of the cryptocurrency. This move comes as stablecoins pegged to fiat money gain popularity among traditional financial institutions for payments, remittances, and treasury management.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}