Custodia and Vantage pilot first US bank-issued stablecoin on Ethereum
Name
Custodia and Vantage pilot first US bank-issued stablecoin on Ethereum
Description
On March 25, 2025, Custodia Bank and Vantage Bank announced a successful test of Avit, the first U.S. bank-issued stablecoin on a permissionless blockchain. The Avit tokens, pegged to the US dollar and issued on Ethereum.
Publish date
8:00am, Tuesday, March 25, 2025