According to Custodia Bank, the partnership with Vantage Bank Texas broadens its pilot into a U.S.-wide real-time network for tokenized deposits and GENIUS-compliant stablecoins, pending regulatory approval.
Custodia Bank and Vantage Bank Texas announced the national rollout of their real-time tokenized deposit network for U.S. banks. The system enables seamless conversion between traditional deposits and GENIUS-compliant stablecoins, expanding from an earlier pilot project. According to the official release, the initiative awaits final regulatory clearance before full implementation. The collaboration aims to provide banks with infrastructure to integrate tokenized deposits into everyday operations securely.