Custodia, Vantage Bank Propose Token Model Switching Between Deposits and Stablecoins

Custodia and Vantage Bank have proposed a token model that automatically converts between bank deposits and stablecoins. Cointelegraph reported on Jun

• Custodia and Vantage Bank have proposed a novel token model that seamlessly converts between bank deposits and stablecoins.
• The token functions as a bank deposit within the Hazel Network and as a stablecoin backed by cash and short-term US Treasuries on external blockchains.
• This system, currently in testing on Ethereum, aims to bridge traditional banking with blockchain payment networks and is slated for a broader launch in Q4 2026.

Topics: Asset types, Blockchain usage, Banks bankingsystems, Stablecoins digital cash, Ethereum evm l 1 s, Core banking integration

Tags: #custodia #vantagebank #tokenmodel #stablecoins #deposits #hazelnetwork #ethereum #blockchain #ustreasuries

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Vantage Bank and Custodia Release White Paper Unveiling "Hazel Network"

/PRNewswire/ -- Vantage Bank and Custodia today announced the release of their white paper, "Hazel Network: Unified Tokenized Bank Deposit and Stablecoin Token....

• Vantage Bank and Custodia have launched the 'Hazel Network,' a new infrastructure designed to unify tokenized bank deposits and stablecoins.
• The network allows banks to offer 24/7/365 programmable settlement and embedded compliance, bridging traditional banking with tokenized systems.
• Hazel Network aims to modernize payments within the regulated banking system, offering flexible integration models for banks of all sizes.

Topics: Asset types, Infrastructure providers, Banks bankingsystems, Stablecoins digital cash, Tokenization platforms, Custody security solutions, Core banking integration

Tags: #hazelnetwork #vantagebank #custodia #tokenizedbankdeposit #stablecoin #programmablesettlement #fdicinsurance #treasuries #compliancebyconstruction #ethereum

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