While Washington remains consumed with debates over the shutdown’s aftermath and uncertainty around delayed economic data releases, an unexpected development in the crypto sector stole the spotlight.
- Telcoin received final approval to launch the first regulated digital asset bank in the U.S.
- eUSD will become the first bank-issued on-chain dollar stablecoin.
- The bank enables direct connectivity between U.S. bank accounts, stablecoins, and DeFi.
- TEL surged more than 120% before settling at around $0.0055 (+82%).
Telcoin, a relatively quiet player in recent months, suddenly became the center of attention after securing a regulatory milestone no other U.S. crypto company has achieved.
Nebraska Grants Approval for America’s First Digital Asset Bank
In a move that could reshape the relationship between U.S. banking and blockchain finance, the Nebraska Department of Banking and Finance granted Telcoin its final authorization to launch the Telcoin Digital Asset Bank.
Telcoin Digital Asset Bank is granted final approval by the Nebraska Department of Banking and Finance.
A historic moment for blockchain innovation, this charter enables Telcoin to bring regulated stablecoins into traditional banking.https://t.co/5d1p7T3HKK
— Telcoin (@telcoin) November 12, 2025
According to the company, this marks the creation of the first fully regulated digital asset custodian in the United States — a major breakthrough in a regulatory landscape still struggling to define proper oversight for crypto services.
The approval opens the door for Telcoin to connect traditional U.S. bank accounts directly with stablecoins and DeFi platforms through a compliant framework, something no other firm has been permitted to do at this scale.
A Bank-Issued Stablecoin: eUSD Takes the Spotlight
One of the most striking parts of the approval involves the green light for eUSD, which will become the first U.S. bank-issued stablecoin minted directly on-chain.
Telcoin said the new structure gives consumers and businesses a fully regulated form of digital cash — suitable for payments, savings, and cross-border transfers — without the regulatory gray zones that surround most current stablecoins.
By combining its stablecoin infrastructure with direct banking access, Telcoin is attempting to merge the security of a traditional financial institution with the flexibility of blockchain rails.
A New Bridge Between Banks and DeFi
The digital asset bank will let customers seamlessly move between U.S. dollars, eUSD, and decentralized finance applications.
This positions Telcoin at a rare intersection: regulated enough to satisfy U.S. banking rules but still capable of providing frictionless access to Web3 liquidity, lending, and payments.
Industry analysts say the move puts Telcoin ahead of larger stablecoin issuers, who are still waiting for clarity from federal regulators.
TEL Price Explodes on the Announcement
The market reaction was immediate and dramatic. TEL jumped more than 120% intraday, briefly becoming one of the top-performing altcoins of the day.
Although some of the gains retraced, the token still trades around $0.0055, up nearly 82% on the day — a massive surge considering the broader market’s mixed sentiment.
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