Telcoin (TEL)

Paul also made it clear that he believes operating outside the banking system has limits.

He said:

"If they want to operate outside of the banking system, they will face structural challenges."

That's really the core of Telcoin's thesis.

Instead of trying to replace banks, Telcoin became one.

Trust charters and depository bank charters are not the same.

Ripple and Circle received conditional OCC National Trust Bank approvals. These are primarily focused on custody, fiduciary services, and stablecoin reserve management. These do not authorize deposit-taking or full commercial banking functions.

Telcoin operates under Nebraska’s Digital Asset Depository Institution (DADI) framework — a specialized banking charter designed for digital assets, enabling deposit activities, payments infrastructure, and regulated stablecoin issuance under state banking law.

Separately, Nebraska statute §8-3005 expressly authorizes a DADI to apply for membership in the Federal Reserve System.

“Today brings the first true crypto bank to the US market,” said Paul Neuner, Founder and CEO of Telcoin. “With eUSD bank accounts on Telcoin Wallet, we're proving that payments, finance, and banking can happen natively on-chain, rather than simply creating another place to hold digital assets. We believe the future of finance wi