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Telcoin Digital Asset Bank

Sector: Bridge • Location: Nebraska, United States

Source: Bitget

Project
Awarded

Telcoin has received final regulatory approval in Nebraska to operate as the first US digital asset bank. The bank is authorized to issue eUSD, a bank-issued on-chain US dollar stablecoin backed by dollar deposits and short-term treasuries. It aims to bridge traditional finance with blockchain and DeFi access, offering retail and commercial depository services, accepting crypto deposits, and provi

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Project Information

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The project “Telcoin Digital Asset Bank” is an infrastructure initiative in the Bridge sector, located in Nebraska, United States. Taiyo aggregates data on it from Bitget.

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Participants

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Status

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awarded

Taiyo status

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Email

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Description

Description

Telcoin has received final regulatory approval in Nebraska to operate as the first US digital asset bank. The bank is authorized to issue eUSD, a bank-issued on-chain US dollar stablecoin backed by dollar deposits and short-term treasuries. It aims to bridge traditional finance with blockchain and DeFi access, offering retail and commercial depository services, accepting crypto deposits, and providing crypto-backed loans.

Original sub-sector

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Original Currency

USD

Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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