Vantage Bank and Custodia, Wyoming-based digital asset bridge and custodian, have launched a program for U.S. banks to offer tokenized deposits. This initiative uses Custodia's blockchain platform and Infinant's Interlace platform. It provides community and regional banks with a turnkey solution. The solution integrates tokenized deposits and stablecoins directly into traditional online banking.
The project addresses a key industry challenge: interoperability. It introduces a single digital token that can function as both a tokenized deposit and a stablecoin. This allows banks to offer modern financial products without risking deposit stability. The framework is patent-protected and designed to keep core deposits within the banking system.
Practical applications are already in testing. Early pilot programs include instant cross-border payments for transport firms and milestone-based disbursements in construction.
Vantage Bank and Custodia first issued tokenized bank deposits in March 2025. Their subsequent work in a regulated environment has led to this launch. Due to its early start, Custodia is a grandfathered "permitted payment stablecoin issuer" under the GENIUS Act. This gives consortium members a compliant path to adoption.
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