Telcoin Secures U.S. Banking Charter, Launches eUSD as First Bank-Issued Stablecoin

Telcoin received final regulatory approval from Nebraska authorities to operate the first regulated digital asset bank in the United States. The authorization permits the launch of eUSD, marking it as the first bank-issued on-chain dollar stablecoin. TEL token surged over 120% intraday following the announcement before stabilizing at approximately $0.0055, reflecting an 82% gain.