Telcoin Secures US Approval for First Regulated Digital Asset Bank, Launches eUSD Stablecoin

Telcoin (TEL), a blockchain-based fintech company, has received final approval from the Nebraska Department of Banking and Finance to establish the Telcoin Digital Asset Bank, marking the first regulated digital asset custodian in the United States. This approval, confirmed in an official statement on November 13, 2025, enables Telcoin to link US bank accounts with regulated stablecoins and facilitate seamless integration with decentralized finance (DeFi) platforms.

The development includes the creation of eUSD, which is set to become the first bank-issued on-chain US dollar stablecoin in the country. This stablecoin will allow consumers and businesses to use digital cash for payments, remittances, and savings in a secure and compliant manner. The approval positions Telcoin as a leader in bridging traditional banking with the DeFi ecosystem, offering a regulated pathway for digital money services in the US.

Following the announcement, Telcoin's native token TEL experienced a dramatic price surge, gaining as much as 120% and currently trading at approximately $0.0055, up 82% from previous levels. This move underscores the market's positive reaction to the regulatory milestone, which involved extensive review by Nebraska authorities and signals growing acceptance of digital asset banking within mainstream finance.