Three-quarters of the survey participants said they view crypto payments as a viable alternative to traditional money transfer services, according to an announcement.
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One of Europe’s oldest banks partners with crypto firm to issue euro stablecoin on Stellar
Bankhaus von der Heydt’s token is reportedly “the first stablecoin issued directly by a banking institution on Stellar.”
The bank used Bitbond’s white label tokenization service to issue its stablecoin to increase the efficiency of its securitization with the help of the Stellar Development Foundation. BVDH can now act as its own paying agent for the issuance of new debt securities, speeding up its ability to issue them. The deal will also allow it to create new opportunities with banking clients who want to issue tokenized financial assets with full on-chain settlement.
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Stellar CEO and executive director Denelle Dixon announced that USD Coin is coming to Stellar (Photo: Stellar Foundation)USD Coin coming to Stellar network
The addition of the second-largest stablecoin adds an important source of liquidity to the international payments network
The announcement by Circle and Coinbase’s Centre Consortium makes the Stellar network the third blockchain to offer native support for USDC, joining Algorand and Ethereum.
