Jun 23
Telcoin launches onchain bank accounts for US customers
➤ Telcoin has launched onchain bank accounts for US customers, directly linking traditional bank deposits with its eUSD stablecoin. ➤ This initiative makes Telcoin the first US bank to connect customer accounts directly to a bank-issued onchain dollar, with plans for debit cards and yield features. ➤ The eUSD stablecoin is backed by dollar deposits and US Treasuries, though the accounts themselves are not FDIC insured, operating under a Nebraska Digital Asset Depository Institution charter.
