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Telcoin Launches eUSD Stablecoin After Receiving First U.S. Digital Asset Bank Charter
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- Telcoin received a Nebraska banking charter to launch the Digital Asset Depository Institution.
- eUSD becomes the first bank-issued, on-chain U.S. dollar stablecoin with full backing.
- Charter explicitly authorizes connecting U.S. consumers to protocols through banking framework.
Telcoin has announced final charter approval from the Nebraska Department of Banking and Finance to launch Telcoin Digital Asset Bank, the first Digital Asset Depository Institution in the United States. The charter positions Telcoin to become the first blockchain bank directly connecting U.S. bank accounts to regulated stablecoins.
The company’s flagship product, eUSD, will be the first bank-issued, on-chain U.S. dollar stablecoin. The token offers consumers and businesses a regulated method to use digital cash for payments, remittances, and savings.
Full reserve backing differentiates p…
Read The Full Article Telcoin Launches eUSD Stablecoin After Receiving First U.S. Digital Asset Bank Charter On Coin Edition.
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Telcoin Launches eUSD Stablecoin After Receiving First U.S. Digital Asset Bank Charter
Share:
- Telcoin received a Nebraska banking charter to launch the Digital Asset Depository Institution.
- eUSD becomes the first bank-issued, on-chain U.S. dollar stablecoin with full backing.
- Charter explicitly authorizes connecting U.S. consumers to protocols through banking framework.
Telcoin has announced final charter approval from the Nebraska Department of Banking and Finance to launch Telcoin Digital Asset Bank, the first Digital Asset Depository Institution in the United States. The charter positions Telcoin to become the first blockchain bank directly connecting U.S. bank accounts to regulated stablecoins.
The company’s flagship product, eUSD, will be the first bank-issued, on-chain U.S. dollar stablecoin. The token offers consumers and businesses a regulated method to use digital cash for payments, remittances, and savings.
Full reserve backing differentiates p…
Read The Full Article Telcoin Launches eUSD Stablecoin After Receiving First U.S. Digital Asset Bank Charter On Coin Edition.
Read More
DTCC and Securitize Race to Explode $689M Tokenized Stock Market Past $1B