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Web3Educator

2025-11-29 03:21:52

Recently, a big news has surfaced - Bank of America, PwC, and the Stellar Development Foundation have formed a consortium to test the issuance of customized stablecoins on the Stellar network. This is no small matter; it is equivalent to the giants of TradFi starting to seriously consider how to leverage Blockchain and Crypto Assets.

Let’s talk about American banks. As top global financial institutions, they are personally testing stablecoins, clearly indicating that they see the potential of Blockchain in payment and settlement. After all, cross-border transfers are slow and expensive; if Blockchain technology can speed things up and reduce costs, that would be real money-making business.

What is PwC responsible for? Professional matters are left to professionals—they provide consulting and auditing services to ensure the entire stablecoin issuance process is compliant and legal, without crossing regulatory lines. In simple terms, it's about insuring this matter.

Why was the Stellar network chosen? It has always been engaged in cross-border payments, being open source, efficient, and low-cost, which has attracted a number of financial institutions and enterprises in recent years. The custom stablecoin that the American bank is going to issue this time is the type linked to fiat currency or other assets, aiming to maintain currency value stability and meet specific business scenarios.

If this operation succeeds, it will be quite significant for the entire industry. Blockchain technology can improve payment efficiency, reduce costs, and make the financial system more transparent and secure. More importantly, more and more TradFi giants are entering the field, indicating that this technology is not just a castle in the air; it has real practical application prospects. The future popularity of Crypto Assets and Blockchain may exceed many people's expectations.

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rekt_but_resilient

· 16h ago

US banks are getting involved personally; this time, Blockchain really isn't just a tool for Be Played for Suckers. --- Ngl, seeing traditional financial giants starting to seriously engage with stablecoins, it feels like the winds have really changed. --- PwC providing insurance shows that they are thinking quite comprehensively about regulation in this area. --- Stellar being selected isn't without reason; cross-border payments are its main dish. --- If this succeeds, will cross-border remittances really become cheaper? We'll have to wait and see. --- The increasing number of large institutions getting on board indicates that this isn't a bubble; it's a real business with actual money. --- Compliance must pass; otherwise, no matter how good the technology is, it would be useless. --- Low cost, high efficiency; no wonder so many Financial Institutions are interested in Stellar. --- Can Blockchain payments really revolutionize the financial system? We'll wait and see.

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ClassicDumpster

· 12-01 12:05

US banks have started playing with stablecoins, traditional finance is really panicking --- Compliance and legality? Haha, PwC is just here to endorse it, the regulatory hurdle still has to be crossed --- It's not surprising that Stellar was chosen, cross-border payments are really its forte --- To put it bluntly, it's still about reducing costs, banks aren't that optimistic about blockchain, they're just looking out for their own wallets --- If this truly takes off, the cross-border transfer experience can indeed be upgraded, but stablecoins still depend on how the Central Bank views them --- More and more giants getting on board is indeed a signal, but don't think too much, they just want to secure their positions --- Custom stablecoins sound fancy, but they're really just US banks' private money --- The key is whether it can break through regulation, otherwise it's just an experimental product --- Stellar is really going to be popular this time, although projects that have been quietly working often end up being dark horses

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CryptoMotivator

· 12-01 07:47

US banks have started to play with stablecoins, and TradFi really can't sit still anymore. PwC came in to endorse it, which basically means giving this business a Compliance disguise, making banks more daring. Stellar has gambled right this time; cross-border payments are their specialty. However, the real show is still to come; whether it can truly take off is the key. At this speed, it feels like Blockchain is not far from breaking out. I suddenly remember a few years ago when some people said stablecoins were an eyewash; now US banks are in, it's really ironic. If it works, can cross-border transfer fees be cut in half? That's what the common people care about most.

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LightningAllInHero

· 11-29 16:48

American banks are getting on board with stablecoins, that must take a lot of confidence --- It's PwC again, do these auditors have to go through everything haha --- Stellar has something going on this time, if cross-border payments really become cheap, I'll be the first to use it --- No matter how good it sounds, we still have to wait for it to land, it's still in the testing phase --- The influx of TradFi giants getting on board means everything doesn't need to be said --- If this really works out, those who previously criticized Blockchain will be so embarrassed --- Custom stablecoins sound like a precursor to big things happening

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AltcoinTherapist

· 11-29 03:45

American banks have started to play with stablecoins, and now traditional finance is really panicking. Established financial institutions are starting to band together for testing, what does this indicate? It indicates that what people have been waiting for has finally arrived, and it’s not just hype. Cross-border payments have indeed been choked for too long. Banks have been making a killing on the spreads and still want to keep playing people for suckers? Blockchain is here to stir things up. Wait a minute, PwC is providing insurance for this trick... needing compliance and innovation, how much freedom can there be left in between? Stellar has chosen its side well this time, but it feels like the pit is almost full. Will those who get on board later feel awkward?

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GasDevourer

· 11-29 03:43

It's really happening now, even the pros in traditional finance are starting to play with stablecoins... --- PwC is overseeing it? Then the probability of this succeeding is quite high, after all, they won't casually endorse it. --- I'm really fed up with cross-border transfers being slow and expensive; if we can really use Blockchain to do this... that would be revolutionary. --- It's not surprising that Stellar was chosen, just worried that in the end, it will be a bunch of tests that are half-dead and then nothing will come of it. --- More and more traditional finance players are getting involved, is this really going to become mainstream or is it just another round of Be Played for Suckers with new tricks? --- Having the backing of American banks is indeed different, at least we don't have to worry about being shut down by the authorities one day. --- Low cost and high efficiency, if it really is like this, will Stellar directly To da moon? But don't celebrate too early. --- To put it simply, traditional finance has also realized that if they don't embrace Blockchain, they'll be eliminated sooner or later. --- With regulatory Compliance all sorted out, it’s just a matter of whether it can really be implemented, let’s not have another PPT coin creation. --- People have been walking the Blockchain payment road for a long time, now it's finally the big players’ turn? Isn't the response too slow?

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BearMarketBarber

· 11-29 03:30

Banks have started to play with stablecoins, and this time Blockchain is really going to turn around. This move by American banks shows that they are also anxious. Cross-border transfers are ridiculously expensive, using chains to solve this is indeed a way out. With PwC getting involved, it’s even more stable; at least someone is finally responsible for Compliance. The era of wild growth in the crypto world may really be coming to an end. I admire this choice of Stellar; I have long recognized the cross-border potential of this chain, and now it has finally caught the attention of the regular army. However, to be honest, there is still a distance from testing to actual implementation. But with these giants all taking action at the same time, it feels like this time they are serious, not just experimenting. The entry of TradFi is indeed a good signal, at least it shows that Blockchain is no longer a gambling tool for small-town youths.

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