Weekly Blockchain Blog – March 2025 #5

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In a recent press release, Custodial Bank and Vantage Bank announced “America’s first bank-issued stablecoin on a permissionless blockchain.” According to the press release, “[t]he banks collaborated on the mint, transfer and redemption” of Avit stablecoin tokens “for a bank customer on the Ethereum mainnet using the ERC-20 standard.”…
By: BakerHostetler
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