Telcoin has taken a major step in bringing blockchain-native banking to the United States.
With the minting of $10 million in eUSD, Telcoin’s flagship Digital Cash is now live and ready to reach retail markets.
Telcoin CEO Paul Neuner called the launch “phase one” of the bank’s operations, emphasizing that the issuance of eUSD marks a crucial milestone toward offering blockchain-native personal and business accounts. The company plans to begin onboarding customers in early 2026, with personal accounts accessible through the upcoming V5 of the Telcoin Wallet.
Patrick Gerhart, President of Banking Operations, added that this live issuance of eUSD represents the foundation for a regulated, secure rollout of digital cash to the public.
This move positions Telcoin as the first Digital Asset Depository Institution in the United States. This will allow it to operate under the Nebraska Financial Innovation Act and federal GENIUS Act guidelines. By combining stablecoin issuance, deposit acceptance, and payment processing under a single charter,
Telcoin can offer a banking-first approach that remains fully compliant while leveraging blockchain technology. The launch reflects a growing trend among fintechs and digital banks integrating blockchain to improve payment efficiency and global accessibility.
Telcoin operates in 171 countries, merging blockchain, telecommunications, and banking to offer self-custodial payments and financial services. The eUSD stablecoin is designed for real-world use, allowing users to transact globally with secure, blockchain-based money.
Ethereum remains the dominant platform for stablecoins, hosting over 53 percent of the total supply. This concentration highlights Ethereum’s role as the go-to blockchain for digital assets that maintain a stable value, such as USDC, USDT, and DAI.
Developers favor Ethereum due to its robust smart contract ecosystem, high liquidity, and broad adoption among wallets, exchanges, and DeFi platforms.
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A first for U.S. banking: a dollar-backed stablecoin issued directly on a public blockchain. Under the Nebraska Financial Innovation Act and in line with federal GENIUS Act guidelines, Telcoin Digital Asset Bank has launched the eUSD stablecoin on Polygon. A meaningful step Show more
Happy holidays! eUSD from Telcoin Digital Asset Bank is now live on Ethereum and Polygon. businesswire.com/news/home/2025…
Happy holidays! eUSD from Telcoin Digital Asset Bank is now live on Ethereum and Polygon. businesswire.com/news/home/2025…
📊 MARKET: Over 53% of all Stablecoins are on $ETH.
