U.S. Bank, Arvest, Old National, BMO and WaFd took the losses in a decade-long scheme the DOJ announced.

The banks now let institutional clients mint and redeem Circle's USDC directly, turning them into stablecoin infrastructure providers.

Sean Scott of U.S. Bank discusses what his team did to win their Innovation of the Year award for their collaboration with Edward Jones, in conversation with American Banker's Chana Schoenberger.

Kristin Milchanowski shared some of her approach to AI leadership, including achieving performance metrics and building trust in AI tools, at American Banker's Digital Banking Conference.