According to Bloomberg, America. Bancorp is testing its own stablecoin on the Stellar blockchain as part of its efforts to expand its digital asset business. The bank previously announced the establishment of a Digital Assets and Financial Flows division. CEO Gunjan Kedia stated that the current focus is on crypto custody and stablecoin payments, though customer demand for payments is relatively mild. Mike Villano, Head of Digital Asset Products at America. Bank, noted that Stellar's features, such as asset freezing, provide the level of control that institutions consider crucial when adopting on-chain stablecoins. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=52458