According to the source, a social media post on Nov 25, 2025 claims U.S. Bank is testing a proprietary stablecoin on the Stellar blockchain. Source: public social media post dated Nov 25, 2025. If confirmed by the bank, this would place a top U.S. commercial bank’s settlement token on Stellar, where fees and minimum balances are denominated in XLM, making network activity directly tied to XLM usage. Source: U.S. Bancorp investor relations overview; Stellar documentation. Stellar already supports USDC and powers MoneyGram’s fiat-to-crypto remittance rails, indicating established institutional payment infrastructure on the network. Source: Circle USDC on Stellar documentation; MoneyGram and Stellar Development Foundation partnership announcements. For trading, monitor XLM on-chain transactions, active accounts, and DEX volumes on StellarExpert or Coin Metrics, alongside exchange open interest and funding rates for XLM. Source: StellarExpert; Coin Metrics; major derivatives exchanges public data. Also track official statements from U.S. Bank and the Stellar Development Foundation for confirmation and rollout details that could affect stablecoin liquidity and payment flows. Source: U.S. Bank Newsroom; Stellar Development Foundation blog. Note that U.S. bank-issued stablecoins operate under evolving U.S. oversight highlighted by the President’s Working Group stablecoin report, which can influence launch timelines and design. Source: President’s Working Group on Financial Markets 2021 Stablecoin Report.