Custodia Bank and Vantage Bank Texas have expanded their tokenized deposit system, offering U.S. banks a nationwide platform to transition between deposits and GENIUS-compliant stablecoins, pending regulatory approval.
Custodia Bank and Vantage Bank Texas have introduced a nationwide tokenized deposit network for U.S. banks, building on a previous pilot. This new system allows seamless switching between traditional deposits and GENIUS-compliant stablecoins, with the initiative awaiting final regulatory approval.