According to ChainCatcher, Telcoin Digital Asset Bank has officially launched its blockchain banking business by issuing the eUSD stablecoin on the Ethereum and Polygon blockchains, following final approval from the Nebraska Department of Banking and Finance. Telcoin has already minted $10 million worth of eUSD.
Telcoin CEO Paul Neuner stated that issuing eUSD on Ethereum and Polygon is the "first phase" of the company's banking operations, a key step in providing blockchain-native bank accounts through its Nebraska franchise. The company plans to begin accepting customers in early 2026, offering personal account services through the upcoming Telcoin Wallet V5 version.
