Telcoin (TEL) Rockets 95% on Historic U.S. Digital Asset Bank Charter Approval

Telcoin just pulled off the regulatory hat-trick of the year—and the market’s losing its mind.

The remittance-focused crypto project saw its TEL token skyrocket 95% in 24 hours after securing the first-ever U.S. digital asset bank charter. Move over, legacy banks—DeFi just got its golden ticket.

Why This Charter Changes Everything

This isn’t just another compliance checkbox. The charter effectively turns Telcoin into a crypto-native bank with full FDIC-backed deposit insurance—a first for any digital asset firm. Suddenly, sending cross-border payments via blockchain doesn’t sound so 'wild west' to institutional investors.

The Fine Print That Matters

Insiders whisper the approval came with stricter capital requirements than traditional banks face. Because nothing says 'financial revolution' like jumping through three times the regulatory hoops of JPMorgan.

As the dust settles, one thing’s clear: When crypto compliance wins, the market celebrates. Now watch every other altcoin scramble to file their paperwork.

TLDR

• Telcoin received final charter approval from Nebraska to launch the first Digital Asset Depository Institution in the United States on November 11, 2025.
• The approval allows Telcoin Digital Asset Bank to issue eUSD, the first bank-issued, on-chain U.S. dollar stablecoin backed by dollar deposits and short-term treasuries.
• Telcoin’s token price surged over 95% in 24 hours following the announcement, trading around $0.006 with a market cap of approximately $610 million.
• The bank will connect traditional U.S. bank accounts to blockchain-based digital assets and is the first charter explicitly authorizing consumer access to DeFi.
• Daily trading volume reached $1.74 million as Telcoin became the top performer among the top 200 cryptocurrencies by market cap.

Telcoin has secured regulatory approval to launch the first Digital Asset Depository Institution in the United States. The Nebraska Department of Banking and Finance granted final charter approval on November 11, 2025.

A pivotal milestone for blockchain integration into the financial system.

Granted final approval in Nebraska, this novel charter enables Telcoin Digital Asset Bank to connect US bank accounts to regulated Digital Cash stablecoins. pic.twitter.com/vitujDhCUV

— Telcoin (@telcoin) November 12, 2025

The token’s price jumped over 95% in the 24 hours following the announcement. Telcoin traded between $0.00284 and $0.00689 during this period. The price settled around $0.006 on major exchanges as of November 13.

Trading volume reached approximately $1.74 million over the same timeframe. The token’s market capitalization stands at roughly $610 million. Over the past week, Telcoin price climbed nearly 97%.

The charter allows Telcoin Digital Asset Bank to operate as a regulated banking institution. The bank can accept crypto deposits and provide crypto-backed loans. It will also have access to Federal Reserve payment rails.

Telcoin plans to launch eUSD, a stablecoin backed by U.S. dollar deposits and short-term treasuries. This will be the first bank-issued, on-chain U.S. dollar stablecoin in the country. The bank will connect traditional U.S. bank accounts directly to blockchain-based digital assets.

Banking Industry First

Paul Neuner, Telcoin’s Founder and CEO, stated the charter makes history for the entire U.S. banking system. The approval demonstrates that a bank can issue on-chain digital currency while maintaining regulatory compliance.

First true crypto bank charter in the United States… ✅
Thank you Governor Pillen @TeamPillen, Congressman Flood @USRepMikeFlood, and Director Lammers @NebraskaDBF for all of your efforts and trust. 🙏 pic.twitter.com/yGzslBAwoi

— Paul Neuner (@TelcoinPaul) November 12, 2025

The charter is the first to explicitly authorize connecting U.S. consumers to decentralized finance. This separates Telcoin from blockchain companies seeking non-depository trust charters.

Patrick Gerhart, President of Banking Operations at Telcoin, explained that only five percent of U.S. banks can handle digital assets in-house. The bank aims to help the remaining 95 percent of community banks connect to blockchain-based finance.

The approval comes after the recent passage of the GENIUS Act. This legislation provides federal guidance for stablecoins and digital assets. Telcoin’s model addresses regulatory concerns about systemic risk in the stablecoin market.

Market Performance

Telcoin became the top performer among the top 200 cryptocurrencies by market cap. The token outperformed Bitcoin and most major tokens during a bearish session for other assets.

Technical indicators across multiple platforms show bullish sentiment for Telcoin. Social media activity spiked following the banking announcement. The broader crypto market remained down over the same period.

The Nebraska Financial Innovation Act became law in 2021. This legislation laid the groundwork for the Digital Asset Depository Institution charter. Governor Jim Pillen signed the charter at the Nebraska State Capitol in Lincoln.

Telcoin Digital Asset Bank plans to offer compliant stablecoin yield products. The bank will provide retail and commercial depository services subject to regulatory approval. The company operates as a multinational fintech serving 171 countries.