US Bank completes live USBDC stablecoin pilot on Stellar
Stellar (XLM)
Editor:
Eugene Serbin
cryptobriefing.com reports that US Bank has successfully completed a live pilot of its proprietary USBDC stablecoin on the Stellar blockchain. Executed on September 9, the test involved real-time cross-border payments between the bank's North American and European divisions. This achievement marks a landmark moment for bank-issued digital currencies operating on public blockchains.
The pilot verified the full lifecycle of the stablecoin, including minting, payment execution, redemption, freezing, and clawback functionality. It was designed to integrate seamlessly with existing systems for risk management, compliance, finance, and operations. US Bank previously collaborated with the Stellar Development Foundation and PwC on stablecoin testing in November 2025, establishing this as a continuation of that relationship.
CEO Gunjan Kedia emphasized that the pilot plays an essential role in accelerating global cash management. Jamie Walker, Head of Digital Assets and Money Movement, highlighted the focus on addressing real client challenges with advanced bank-grade controls. The groundwork began in October 2025 when the bank created a dedicated Digital Assets and Money Movement organization. US Bank is the fifth-largest banking institution in the United States and has identified future applications including 24/7 payments and liquidity management.
How the market reacted
Whalio's own Binance spot order flow for XLM, measured when this story was written up on 9 September 2026. Not the outlet's figures.
XLM is currently trading at $0.1877 on Binance spot markets. The 24-hour buy ratio stands at 51.1%, indicating a slight majority of buying pressure over the last day. However, the 1-hour buy ratio has dropped to 49.8%, suggesting that immediate buying momentum is fading compared to the daily average. The 4-hour buy ratio sits at 53.8%, showing that buying pressure was stronger in the recent past but is now retreating. Volume Delta for the 1-hour period is negative at -$2,796, indicating net selling in the short term. In contrast, the 24-hour Volume Delta is positive at +$449,207, reflecting net buying over the longer timeframe. CVD at the 24-hour close is +$307,931, confirming that buyers have dominated the day's volume.
The latest daily buy ratio of 47.8% sits at the 16th percentile of the last 324 days, against a median of 50.7% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for XLM, averaged over the days leading up to the story.
Over the preceding week, XLM experienced consistent buying pressure with net buying occurring on 7 of the last 7 days. The 7-day average buy ratio is 53.1%, which is higher than the current 24-hour ratio of 51.1%. This indicates that today's buying intensity is slightly below the weekly norm, dropping by 2.0 percentage points. Volume for the latest day is 1.50x the average, showing significantly higher trading activity than usual. The coin has gained 6.8% over the past 8 days, with a total Volume Delta of +$6,974,760 for the period.