U.S. Bancorp creates new unit for digital assets and money movement to accelerate development and increase revenue from digital products and services. Jamie Walker, a U.S. Bancorp veteran, will lead the unit. The goal is to capitalize on finance trends like stablecoin issuance, cryptocurrency custody, asset tokenization, and digital money movement. Clients seek digital assets for safe money transfers and tokenized assets, says U.S. Bancorp’s chief digital officer. Recent interest in crypto industry growth influenced the move.

Read more at Yahoo Finance: U.S. Bancorp forms dedicated unit for digital assets, money movement