Telcoin’s chartered Digital Asset Bank will issue eUSD, a blockchain-based stablecoin backed by U.S. deposits and Treasury bills, integrating regulated banking with decentralized finance.
Telcoin announced it has obtained final charter approval from Nebraska regulators to launch Telcoin Digital Asset Bank, designated as the first U.S. Digital Asset Depository Institution. According to the company’s statement, its eUSD stablecoin will be bank-issued, blockchain-based, and fully backed by U.S. deposits and Treasury bills. This regulatory milestone enables Telcoin to connect American bank accounts directly with its on-chain eUSD, bridging traditional banking and decentralized finance.