Telcoin has received final franchise approval from the Nebraska Department of Banking and Finance to establish Telcoin Digital Asset Bank, marking the first regulated digital asset custodian in the United States. This approval enables Telcoin to connect U.S. bank accounts with regulated stablecoins, facilitating seamless integration with decentralized finance (DeFi) platforms.
The bank's flagship product, eUSD, will be the first bank-issued, on-chain USD stablecoin, representing a significant milestone in the digital asset space. This development positions Telcoin as a pioneer in bridging traditional banking with the burgeoning DeFi ecosystem, offering U.S. consumers a regulated pathway to digital cash.
Telcoin Secures Approval for First Regulated Digital Asset Bank in U.S.
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