PANews reported on October 25th that Custodia Bank and Vantage Bank Texas have launched a live tokenized deposit network for US banks, expanding their previous pilot program to a nationwide network of US banks. The system supports switching between deposits and GENIUS Act-compliant stablecoins. The platform is awaiting final regulatory approval before a large-scale launch.PANews reported on October 25th that Custodia Bank and Vantage Bank Texas have launched a live tokenized deposit network for US banks, expanding their previous pilot program to a nationwide network of US banks. The system supports switching between deposits and GENIUS Act-compliant stablecoins. The platform is awaiting final regulatory approval before a large-scale launch.
Custodia and Vantage Bank Launch Live Tokenized Deposit Network for US Banks
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PANews reported on October 25th that Custodia Bank and Vantage Bank Texas have launched a live tokenized deposit network for US banks, expanding their previous pilot program to a nationwide network of US banks. The system supports switching between deposits and GENIUS Act-compliant stablecoins. The platform is awaiting final regulatory approval before a large-scale launch.
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