Custodia Bank and Vantage Bank Issue America’s First Bank-Issued Stablecoin On A Permissionless Blockchain
First-ever tokenization of a U.S. bank’s demand deposits on a permissionless blockchain Custodia Bank, working with Vantage Bank, yesterday completed America’s first-ever tokenization of a bank’s U.S. dollar demand deposits on a permissionless blockchain by issuing, transferring and redeeming Avitâ„¢ stablecoins for a bank customer. A new U.S. dollar payment rail......