Telcoin Makes U.S. Banking History with Approval to Launch the First Regulated Digital Asset Bank

NORFOLK, Neb. — Telcoin has received 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. This makes Telcoin the first regulated blockchain bank, bridging traditional banking and decentralized finance (DeFi). The bank’s flagship product, eUSD, will be the first U.S. bank-issued on-chain dollar stablecoin, fully backed by U.S. dollar deposits and short-term Treasuries. eUSD offers consumers and businesses a secure, transparent, and compliant way to use Digital Cash for payments, remittances, and savings. “Our charter makes history—not just for Telcoin, but for the entire U.S. banking system,” said Paul Neuner, Telcoin Founder and CEO. “We’re proving that a bank can responsibly issue on-chain Digital Cash and operate in full alignment with regulators.” The approval coincides with the new GENIUS Act, which establishes federal guidance for digital assets and stablecoins. Unlike non-bank stablecoin issuers, Telcoin’s model integrates directly with the U.S. banking system, addressing systemic risk concerns while enabling access to blockchain-powered finance. Telcoin Digital Asset Bank also aims to help community banks nationwide connect safely to blockchain finance, strengthening their services and relevance in the digital era. By aligning digital assets within a regulated framework, Telcoin is modernizing payments, empowering small businesses, and setting a new standard for how blockchain and banking can work together. With operations across 171 countries, Telcoin continues to redefine global finance—securely, compliantly, and at the speed of the internet. Learn more at www.telco.in