$XRP was the second crypto I ever bought in 2020. Then CT introduced me to $TEL at $0.0005
Now the $TEL hype feels greater than the $XRP hype yet the price is still only .007
Feels like another opportunity to buy $XRP under a penny
$TEL EVERYONE
Excited about @SenatorHagerty’s new federal stablecoin legislation today, which is critical to placing the U.S. at the center of the #InternetOfMoney and making crypto usable for payments and the next generation of banking. #Telcoin#DigitalCash
🥳 Telcoin just became the first and only US 🇺🇸 regulated and FED backed Digital Asset Bank 🏛
Telfam we are in for a wild ride from here imo. The futurenis ours i $TEL you !!
LETS GO 🚀
Booooommm!!! 🚀🏦🥳There we go #Telcoin ! This is history being written!
World’s 🌎 first digital asset bank! 🏦
Be quick to buy some telcoins while they are still cheap!
📲Download the app now!
https://t.co/Zb01NlY0hy
Referral Code: 28b6119ce63
🧵 1/2 Understand the magnitude of $TEL
#Telcoin receives approval for its Digital Asset Bank Depository Charter, several key implications emerge for the company and the broader digital asset ecosystem:
💵 Stablecoin Issuance & Deposit Holding. As a Stablecoin Issuer Telcoin would be officially authorized to issue #stablecoins, meaning it could create digital cash backed by fiat currency.
This regulatory approval offers legitimacy and trust, which are critical for mass adoption.
🏦 #FDIC-Insured Deposits: With the charter in place, Telcoin can hold customer deposits at an FDIC-insured financial institution. This arrangement protects #depositor funds (up to applicable insurance limits) and bridges traditional #banking safety standards with innovative digital asset services.
The combination of stablecoin issuance and FDIC-backed deposit accounts would likely boost consumer and #institutional confidence in Telcoin’s products, facilitating broader market participation.
💰Authorization for #Payment Processing Using INVNs and Stablecoins
- Independent Node Verification Networks (INVNs): Telcoin’s authorization to use INVNs means that the company can employ a #decentralized method for verifying transactions independently of traditional centralized systems.
This enhances security and resilience while potentially lowering the costs and delays often associated with conventional payment networks.
💸Enhanced Payment Processing:
By leveraging both INVNs and its stablecoins, Telcoin can streamline payment processing. This dual approach can offer faster, more cost-effective, and transparent transactions, which is especially valuable in cross-border remittances and everyday consumer payments.
“Telcoin Bank, a digital asset bank” it’s official guys. Approval will be granted 💪💪 this is the start of something big for $TEL. Don’t say we didn’t try to tell you!
$TEL [2W] - Another Higher High has been established, fully confirming a bullish reversal on the higher timeframe.
#Telcoin is rebounding from the lower boundary of the outlined rising channel.
The technical target is the upper trend line (~$0.75 by March 31).
#telfam
(1/2)
"In times of deep political division, #crypto policy is no longer a point of contention but a bridge across the aisle—and community banks are the common denominator."
@TelcoinPaul shares his thoughts in @cryptodotnew: https://t.co/h05VwDOykN