Custodia, Vantage launch first US bank-issued stablecoin called Avit on Ethereum
Custodia Bank and Vantage Bank have issued the first US bank-backed stablecoin, called Avit, on a public blockchain network, according to a March 25 press release. The stablecoin was used in a seri...
Source: CryptoSlate
Custodia Bank and Vantage Bank have issued the first US bank-backed stablecoin, called Avit, on a public blockchain network, according to a March 25 press release. The stablecoin was used in a series of test transactions with a business customer. The pilot included minting, transferring, and redeeming tokens on the Ethereum (ETH) mainnet using the […]
