Telcoin launched its eUSD stablecoin on December 26, 2025, initiating digital asset banking operations in Nebraska with a $10 million mint on Ethereum and Polygon.
This pioneering step marks the first regulated, bank-issued USD stablecoin under a U.S. state charter, reflecting significant progress in blockchain-native banking services.
Telcoin launched its eUSD stablecoin on December 26, 2025, marking a significant step in its digital asset banking operations. This initiative is underpinned by the Nebraska Digital Asset Bank charter. Paul Neuner, CEO of Telcoin, stated, โWeโre thrilled to issue eUSD on Ethereum and Polygon as phase one of our banking operations. This is the crucial first step toward offering blockchain-native bank accounts through our Nebraska charter.โ
Paul Neuner, CEO of Telcoin, announced the launch as the first phase of their banking operations, emphasizing the transition to blockchain-native bank accounts. The initial $10 million minting takes place on Ethereum and Polygon.
eUSD Stablecoin Aims for 2026 Adoption
The introduction of eUSD positions Telcoin as a leader in blockchain-based banking solutions. This move targets future consumer and business banking with plans for broader adoption anticipated in 2026.
Insights suggest eUSDโs potential to enhance digital banking experiences by integrating regulated blockchain banking infrastructure. Regulatory support from Nebraska Department aids streamlined operations without broader market disruption.
U.S. State Charter Powers Telcoinโs Unique Position
Telcoinโs venture stands as the first of its kind under a U.S. state charter, setting a precedent for digital banking. Similar ventures lack formal regulatory approval, highlighting Telcoinโs unique position. Experts from Kanalcoin indicate Telcoinโs strategy could reshape financial services by merging fintech and blockchain innovation. Potential outcomes hinge on regulatory adaptations and institutional acceptance.
Patrick Gerhart, President of Banking Operations at Telcoin, added, โToday eUSD transitions from development to live issuance as a foundational step. 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.โ
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