
Bitcoin.com News|Mar 26, 2025 01:31
U.S. banks just did something that changes the game forever 🇺🇸💥
Custodia and Vantage Bank pulled off the first regulator-approved tokenization of U.S. dollar demand deposits on Ethereum
This isn't theory—this is real money, real tokens, real compliance
They minted, moved, and redeemed fully-backed Avit stablecoins using ERC-20 on mainnet
Banks are now issuing digital dollars directly on public blockchains... with Fedwire and ACH in the loop
And yes, this meets every rule in the book—AML, BSA, OFAC all locked in
Is this the start of banks leading the crypto revolution?
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