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Telcoin Begins Digital Asset Banking Operations with Launch of eUSD Stablecoin
Following the final charter approval of Telcoin Digital Asset Bank by the Nebraska Department of Banking and Finance last month, Telcoin begins initial blockchain banking operations with the launch of its eUSD stablecoin on the Ethereum and Polygon blockchains. With the minting of $10 million eUSD, Telcoin’s flagship Digital Cash stablecoin is now live and one step closer to retail markets.
“We’re thrilled to issue eUSD on Ethereum and Polygon as phase one of our banking operations,” says Telcoin CEO Paul Neuner. “This is the crucial first step toward offering blockchain-native bank accounts through our Nebraska charter.”
Neuner says the firm expects to start onboarding customers in early 2026, as Telcoin Digital Asset Bank launches its personal and business account offerings. Personal accounts will be made available through the upcoming V5 of the Telcoin Wallet.
“Today eUSD transitions from development to live issuance as a foundational step,” adds President of Banking Operations Patrick Gerhart. “As we continue our rollout into the new year, our focus is on preparing to responsibly bring Digital Cash to customers through our regulated blockchain banking infrastructure.”
As the first Digital Asset Depository Institution in the United States, Telcoin Digital Asset Bank is set to capture a meaningful share of the rapidly growing stablecoin market with eUSD Digital Cash. Under the Nebraska Financial Innovation Act and in line with federal GENIUS Act guidelines, Telcoin is uniquely positioned to issue stablecoins, accept customer deposits, and process eUSD payments, all under the same charter.
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