**Telcoin Becomes the United States’ First Blockchain Bank Following Nebraska Charter Approval**
Telcoin has made history as the first blockchain bank in the United States after receiving charter approval from the Nebraska Department of Banking. This milestone led to the establishment of the **Telcoin Digital Asset Bank**, marking a significant step in bridging traditional finance and blockchain technology.
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### Introducing eUSD: The Bank-Backed Stablecoin Set to Transform Crypto Finance
With the final regulatory approval in place, Telcoin is set to issue **eUSD**, the first stablecoin launched by a regulated U.S. bank. This development introduces a new era for financial technology by enhancing compliance, transparency, and security in blockchain-based financial services.
Unlike unregulated stablecoins, eUSD is backed by U.S. Treasuries and supported by robust bank assurances. This ensures greater stability and trustworthiness, positioning eUSD as a reliable digital currency for everyday commerce.
Paul Neuner, Founder & CEO of Telcoin, stated:
*“Our charter makes history, and not just for Telcoin, but for the entire U.S. banking system. We’re proving that a bank can issue on-chain Digital Cash responsibly and operate in full alignment with U.S. regulators. eUSD brings the speed, transparency, and affordability of blockchain into everyday finance in a way that anyone can use.”*
Patrick Gerhart also highlighted the importance of this innovation, emphasizing the role of trust and forward-thinking in maintaining the relevance of banking services in the digital age.
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### Market Reaction and Future Outlook
eUSD’s full regulatory backing marks the first time a stablecoin directly connects U.S. consumers to decentralized finance (DeFi), setting a powerful new precedent for blockchain finance adoption.
At the time of writing, **Telcoin (TEL)** is priced at $0.01, with a market capitalization of $489.58 million and a 24-hour trading volume of $20.46 million, according to CoinMarketCap. Over the past 24 hours, TEL experienced a remarkable surge of 75.67%, contributing to a total increase of 1,866.12%.
Recent price movements include:
– A 57.11% increase over the last 7 days
– An 11.85% decrease over the past 90 days
*(Data last updated at 04:07 UTC on November 13, 2025)*
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**Telcoin’s breakthrough approval paves the way for future innovations in blockchain banking, offering consumers secure, compliant, and efficient digital financial services.** Stay tuned as Telcoin continues to lead the charge in integrating blockchain technology with traditional finance.
https://bitcoinethereumnews.com/blockchain/telcoin-gains-approval-as-first-u-s-blockchain-bank/
