Telcoin Digital Asset Bank has launched personal bank accounts for US residents that are directly tied to its eUSD stablecoin, connecting traditional bank deposits with onchain dollars through the Telcoin Wallet.

Users can open an account inside the wallet, transfer dollars from a US bank and receive eUSD directly into their balance. The stablecoin can then be held, transferred or used across supported blockchain applications.

Telcoin said the launch makes it the first US bank to connect customer accounts directly to a bank issued onchain dollar.

The initial release focuses on the infrastructure connecting traditional banking rails with eUSD. Additional wallet updates planned for later this year will introduce debit cards and compliant yield on eUSD balances, subject to regulatory requirements.

Telcoin Digital Asset Bank received its charter from the Nebraska Department of Banking and Finance in November 2025 under the Nebraska Financial Innovation Act.

The charter established Telcoin as the first Digital Asset Depository Institution in the US and authorizes it to issue stablecoins and accept customer deposits.

Telcoin began its banking operations in December by issuing $10 million in eUSD on Ethereum and Polygon. The stablecoin has since expanded to additional networks, including Base and Solana.

The company says eUSD is fully backed by dollar deposits held at FDIC insured banks and short term US Treasuries. However, eUSD and the bank accounts connected to it are not themselves FDIC insured.

The wallet combines the account with assisted self custody, giving users access to both traditional bank transfers and digital asset applications through one interface.

Telcoin plans to expand the platform with merchant and institutional accounts, as well as APIs that allow other financial companies to integrate eUSD.

The company is also developing Telcoin Network, a layer one blockchain designed to be validated by telecommunications companies and support its wider multicurrency Digital Cash system.