Telcoin: The Stablecoin Issuer of Choice in the US

Vol 4(7)

The global stablecoin market, currently valued at over $200 billion, plays an increasingly critical role in digital finance and cross-border transactions. As stablecoins become embedded in the global financial system, ensuring their safe and transparent operation has become a key regulatory priority. In this issue I explore the evolving U.S. regulatory landscape for stablecoins through the lens of three legislative frameworks: the federal GENIUS and STABLE Acts, and Nebraska’s Financial Innovation Act (NFIA). I highlight Telcoin’s unique positioning as a frontrunner in the sector, given its successful navigation of Nebraska’s regulatory regime and its active involvement in shaping forthcoming federal legislation.

The regulatory framework in the US

The regulatory landscape for U.S. stablecoins is undergoing significant transformation with the introduction of two pivotal legislative proposals: the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act and the Stablecoin Transparency and Accountability for Business and Legal Expansion (STABLE) Act. These bipartisan efforts aim to establish a comprehensive federal framework for payment stablecoins, emphasizing stringent reserve requirements, robust anti-money laundering protocols, and enhanced consumer protections.

Telcoin, a blockchain-based financial technology company, has actively engaged with the House Financial Services Committee and the Senate Banking Committee, shaping these federal legislative efforts. This collaboration underscores Telcoin's commitment to aligning with emerging regulatory standards. At the state level, Telcoin played a pivotal role in drafting the Nebraska Financial Innovation Act (NFIA), which led to its conditional approval as the state's first digital asset depository institution.

In February 2025, Telcoin achieved a significant milestone by securing conditional approval from the Nebraska Department of Banking and Finance to establish Telcoin Bank, the state’s first digital asset depository institution under the NFIA. This approval authorizes Telcoin to issue its own bank-backed stablecoin, eUSD, as part of a broader strategy to integrate blockchain technology with traditional financial services. The launch of eUSD, anticipated later this year, aims to provide a regulated, compliant alternative to existing stablecoins, potentially disrupting the $200 billion stablecoin market.

The NFIA serves as a potential model for federal regulation, aligning closely with the provisions outlined in the GENIUS and STABLE Acts. Telcoin's successful navigation of Nebraska's regulatory framework positions it favorably for federal approval, mirroring its state-level endorsement. This trajectory enhances Telcoin's credibility and sets a precedent for other fintech entities seeking to operate within a regulated environment. As federal legislation advances, Telcoin's proactive approach may facilitate its transition to a federally recognized stablecoin issuer, reinforcing its role in the evolving digital asset ecosystem.

By successfully integrating into Nebraska's regulatory framework and actively participating in federal legislative processes, Telcoin exemplifies how fintech companies can bridge the gap between decentralized finance and traditional banking systems. This model enhances consumer trust and paves the way for the broader adoption of blockchain-based financial services within a regulated environment.

The tables below demonstrates a close alignment between the GENIUS Act, the STABLE Acts, and the NFIA.

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In my view, Telcoin is uniquely positioned to become the stablecoin issuer of choice in the United States, based on its strategic regulatory achievements and alignment with emerging federal legislation. Here are five compelling reasons:

1. In February 2025, Telcoin secured conditional approval from the Nebraska Department of Banking and Finance to establish Telcoin Bank, the state’s first Digital Asset Depository Institution under the Nebraska Financial Innovation Act (NFIA), which Telcoin helped draft. This approval authorizes Telcoin to issue its own bank-backed stablecoin, eUSD, integrating blockchain technology with traditional financial services.

2. Telcoin's proactive engagement with the House Financial Services Committee and the Senate Banking Committee in shaping federal stablecoin legislation, including the GENIUS and STABLE Acts, underscores its commitment to aligning with emerging regulatory standards. This collaboration positions Telcoin favorably for federal approval, mirroring its state-level endorsement.

3. By the time federal stablecoin legislation is enacted, Telcoin will have demonstrated a successful operational history under Nebraska’s regulatory framework. This experience will provide a practical example of effective stablecoin issuance and management, reinforcing Telcoin’s suitability as a federally recognized stablecoin issuer.

4. Telcoin's successful navigation of Nebraska's regulatory framework demonstrates its capability to meet stringent compliance requirements. The company's comprehensive business plan and commitment to maintaining unencumbered liquid assets equivalent to 100% of the value of any outstanding stablecoins reflect a strong compliance posture.

5. Telcoin's plans to launch eUSD as part of a broader multi-currency Digital Cash strategy and its authorization to offer services such as cryptocurrency deposits, DeFi staking programs, and digital asset loans position it as a forward-thinking financial institution ready to meet diverse consumer needs.

6. Telcoin’s global presence, with subsidiaries registered as money services businesses in multiple countries and its status as the first blockchain company to join the GSMA, highlights its readiness to operate within a regulated environment and its commitment to expanding access to digital financial services worldwide.

Collectively, these factors position Telcoin as a leading candidate to become the stablecoin issuer of choice in the United States, bridging the gap between decentralized finance and traditional banking systems.

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Disclaimer

The information and content (collectively 'information') provided herein are general information. The authors do not guarantee the suitability or potential value of any information or particular investment source. Any information herein is not intended, nor does it constitute financial, tax, legal, investment, or other advice. The authors have no affiliation with Telcoin or other persons or companies referred to in this article. The information in this article is based on the sources used.