U.s. bank establishes new digital assets and money movement organization

Minneapolis--(business wire)--u.s. bank (nyse: usb), the fifth-largest bank in the united states and a global leader in payments, has created a new digital assets and money movement organization to accelerate development of and grow revenue from emerging digital products and services such as stablecoin issuance, cryptocurrency custody, asset tokenization and digital money movement. jamie walker, a veteran in the payments industry and at u.s. bank, will lead the digital assets and money movement.
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