A first for U.S. banking: a dollar-backed stablecoin issued directly on a public blockchain.
Under the Nebraska Financial Innovation Act and in line with federal GENIUS Act guidelines, Telcoin Digital Asset Bank has launched the eUSD stablecoin on Polygon.
A meaningful step toward blockchain-native bank accounts in the United States.
Thank you, @TeamPillen, for your support! @NebraskaDBF is excited to move forward with you, @telcoin@TelcoinPaul and this innovative new approach to banking, made possible by the Nebraska Financial Innovation Act passed in May 2021.
Telcoin Digital Asset Bank is granted final approval by the Nebraska Department of Banking and Finance.
A historic moment for blockchain innovation, this charter enables Telcoin to bring regulated stablecoins into traditional banking.
https://t.co/5d1p7T3HKK
Telcoin has secured the funding necessary to capitalize Telcoin Digital Asset Bank and launch eUSD, a pioneering bank-issued stablecoin.
We now await final approval of our bank charter from the Nebraska Department of Banking and Finance.
https://t.co/f1G21SHkhZ
After years of policy discussions in DC, it’s super gratifying to see the GENIUS Act finally become law and extend the dual-regulator (federal and state) framework from traditional banking to stablecoins.
We’re excited to open Telcoin Digital Asset Bank soon!
Telcoin is thrilled by the final passage of the GENIUS Act, a true watershed moment for crypto and stablecoins in the US.
With federal regulations set to become law upon @POTUS’s signature tomorrow, we’re moving forward with our Nebraska charter for Telcoin Digital Asset Bank.
The $TEL chart has been coiling up for months now...
For those that may have forgotten. $TEL bled out 98% over the course of 2 years only to then make a 500x pump in 4 months
I feel like history is going to repeat
Building a $STRIKE position here
- Same team as @KanpaiPandas, everything they touch turns to gold
- Price breaking from key resistance and bouncing from support
Massively undervalued with one of the most active teams within our industry, $100M is programmed in this bull market
Interoperability that actually protects your privacy. Our relayer system is bringing private transactions to Ethereum, Arbitrum, and beyond. Stay tuned - the privacy revolution is just getting started. 🔥