Signature Bank’s Blockchain Payment Platform to Accept Trueusd Stablecoin – Finance Bitcoin News


As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments.

Signet Integration to Deliver 24/7 Dollar Payment and Settlement

As more enterprises flirt with the idea of blockchain-based products and services, stablecoins are one of the areas of fascination for banks, especially given their possibilities in terms of speed and reliability.

Yet, not all stablecoins are the same, and some have been targeted by enforcement agencies, among them tether (USDT). Still, some are breaking the mold and finding ways to improve upon the existing model. With stablecoins increasingly playing a larger role in trading and decentralized finance (defi), banks are slowly coming around to realize their beneficial traits.

Signature Bank has become the first U.S. financial services provider to adopt stablecoins specifically for payments. Its Signet digital payments platform has entered into a partnership with Trueusd to integrate its multichain stablecoin (TUSD) with its payment services. Accordingly, the platform can now offer TUSD minting and redemption in real-time.

The move will give the bank’s clients access to the stablecoin, which is transparently backed 1:1 by reserves of US dollar that are regularly verifiable thanks to onchain proof-of-reserves and the help of an outside, independent accounting firm. Moreover, the platform’s customers can send US dollar payments to other commercial clients in real-time, around the clock, every day of the week.

Signature Bank, the first FDIC-insured and New York State Department of Financial Services (NYDFS) approved U.S. commercial bank to launch a blockchain digital payments platform, has welcomed the development.

According to Signature Bank’s CEO and President Joseph J. DePaolo:

The relationship with Trueusd enhances Signature Bank’s offering to its existing commercial clients. Through arrangements like this one, Signature Bank is further strengthening its position as one of the pre-imminent banks in the digital assets space.

Trueusd, the product of Trusttoken, counts on billions in monthly transaction volume, with approximately $1.4 billion tokens in circulation as of writing. Thanks to its properties like real-time payment and settlement, along with a network of 100 global trading partners, TUSD has become a popular choice for defi protocols and other use cases that demand instant transactability.

Trueusd Chairperson Jennifer Jiang concludes,

The integration into Signature Bank’s Signet platform is a monumental milestone for TUSD’s growth and adoption as an attested, dollar-backed digital currency. Our integration into Signet brings global TUSD customers another secure real-time settlement option.

What’s next for the banks’ crypto adoption? Let us know what you think in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Source link

You might also like
  1. Jynfdp says

    order anastrozole online cheap anastrozole 1mg oral anastrozole over the counter

  2. Usilpi says

    naproxen 500mg drug order prevacid 30mg pills lansoprazole 30mg drug

  3. Fxopum says

    order biaxin 500mg without prescription order clarithromycin 500mg without prescription meclizine 25 mg drug

  4. Nbgbkk says

    brand albuterol 100mcg ciprofloxacin 1000mg pills cipro 1000mg price

  5. Fxgxdk says

    buy pioglitazone 30mg for sale buy viagra 50mg for sale real viagra sites

  6. Eoodqv says

    tadalafil 40mg for sale cialis 5mg ca cialis 10mg pill

  7. Qfxikk says

    order generic cialis 20mg Cialis non prescription casino online

  8. Ozixls says

    where to buy stromectol cost stromectol 6mg buy avlosulfon 100mg generic

  9. Rnybyx says

    slot games online free online casino usa free welcome spins no deposit

  10. Gltwvk says

    nifedipine 10mg cost allegra online buy buy allegra sale

  11. Ohtmnc says

    roulette online for real money online blackjack live dealer online blackjack gambling

  12. Nkeqfw says

    blackjack online free spins no deposit usa buy research papers online no plagiarism

  13. Piutil says

    ramipril 10mg for sale altace price cost arcoxia

  14. Wpwpwk says

    order doxycycline 200mg cleocin without prescription purchase cleocin pills

  15. Fyeqng says

    write research paper for me buy essay now azulfidine generic

  16. Kudkkv says

    order generic mesalamine 400mg buy avapro sale order generic avapro 150mg

  17. Yawywa says

    benicar 20mg ca order olmesartan 10mg pills buy generic divalproex 500mg

  18. Uodoza says

    buy temovate sale buy buspar online cheap cordarone

  19. Kofuhr says

    acetazolamide online acetazolamide pills order imuran online

  20. Rwnzgk says

    buy digoxin lanoxin 250mg tablet molnunat 200mg canada

  21. Brcwnq says

    generic amoxicillin 250mg purchase amoxicillin sale ivermectin for sale

  22. Xswfnm says

    coreg medication order coreg 25mg sale amitriptyline tablet

  23. Egfqqb says

    buy priligy 60mg generic order avana generic motilium 10mg cheap

  24. Olkrhe says

    alendronate 70mg for sale motrin 400mg over the counter order ibuprofen 400mg without prescription

  25. Kjzzex says

    indomethacin 75mg oral order cenforce sale buy cenforce 100mg for sale

  26. Jzngmp says

    pamelor medication order paracetamol for sale paroxetine us

  27. Zduzxz says

    doxycycline 100mg cheap doxycycline 200mg ca medrol australia

  28. Ubjqxu says

    buy famotidine 40mg online famotidine 40mg cheap mirtazapine 15mg pills

  29. Equbdj says

    requip 1mg for sale order rocaltrol 0.25mg for sale trandate usa

  30. Oaibqd says

    purchase tadacip for sale buy amoxicillin 250mg pills order generic amoxicillin 500mg

  31. Cfktfy says

    buy tricor 200mg generic tricor 200mg pills sildenafil 100mg brand

  32. Oifbxt says

    nexium cost biaxin 250mg sale purchase lasix pill

  33. top rated canadian pharmacies online says
  34. Abxcjz says

    cialis from canada US cialis cheap sildenafil online

  35. Keebtq says

    cialis us Buy tadalafil discount buy ed pills generic

  36. Gujafq says

    glycomet 1000mg pill tamoxifen 10mg ca tamoxifen usa

  37. Mjhpjt says

    modafinil 200mg oral order generic modafinil 200mg promethazine 25mg canada

  38. Hyclkq says

    serophene sale order prednisolone 40mg online order prednisolone 10mg generic

  39. Hkwhac says

    buy prednisone 5mg pills order deltasone 5mg pill purchase amoxicillin pills

  40. Yrphml says

    isotretinoin 20mg cost accutane 20mg tablet order ampicillin 500mg online

  41. Ybmrcp says

    buy generic fildena 50mg order sildenafil purchase proscar online

  42. Vhghzm says

    ivermectin 6mg online online ed medications order prednisone 5mg sale

  43. Jqfdes says

    order zofran generic ondansetron 8mg us bactrim for sale online

  44. Kxzgmk says

    accutane price order accutane generic azithromycin pills

  45. Bexnvz says

    order ventolin 4mg generic ventolin inhalator without prescription augmentin 625mg generic

  46. Emkisk says

    prednisolone 5mg brand buy prednisolone without prescription buy furosemide 40mg pills

  47. Ksksds says

    modafinil buy online lisinopril online order order lopressor 100mg online

  48. Rncyyg says

    monodox online order order doxycycline 100mg sale buy zovirax 400mg generic

  49. Aelqis says

    purchase avodart pill dutasteride over the counter orlistat 120mg for sale

  50. Wolzgf says

    cost azathioprine order micardis buy naproxen 250mg generic

  51. Stxxke says

    oxybutynin 5mg generic purchase ditropan pills trileptal brand

  52. Fbeiis says

    omnicef 300 mg ca order generic omnicef 300 mg protonix online buy

  53. Vefqqg says

    order simvastatin 10mg online generic promethazine 25mg viagra sildenafil 50mg

  54. Dukkpi says

    oral dapsone 100 mg order asacol online generic atenolol 50mg

  55. Jtawqg says

    buy uroxatral 10mg for sale generic desyrel buy diltiazem pills

  56. Hslmye says

    order sildenafil 100mg sale sildenafil 50mg pills for men usa pharmacy cialis

  57. Iwlgoz says

    order zetia 10mg purchase tetracycline online buy methotrexate paypal

  58. canadian pharmacy pain meds says
  59. Piehdb says

    phenergan tablet buy cialis on line buy tadalafil 10mg pills

  60. Dvlmbh says

    buy coumadin generic order warfarin 5mg zyloprim 100mg generic

  61. Nafivp says

    levaquin cost buy bupropion 150mg sale buy generic zyban 150 mg

  62. Mxpbfx says

    zyrtec 5mg for sale buy strattera 10mg for sale order zoloft 100mg pills

  63. Rpvlpt says

    buy cenforce medication cheap glucophage oral glycomet

  64. world pharmacy says
  65. Ccgepo says

    cheap escitalopram 20mg buy prozac paypal buy revia 50mg generic

  66. Rmmfpp says

    buy lipitor 10mg online cheap viagra 100mg england sildenafil 100mg pills for men

  67. Ikpowf says

    order femara pill how to get femara without a prescription sildenafil 50mg oral

  68. medicine prices says
  69. Xzervy says

    cost tadalafil 40mg ed pills that work gnc ed pills

  70. Rkmqlu says

    cialis 40mg pill tadalafil 40mg over the counter cheapest ed pills online

  71. Sjpsmn says

    ivermectin 3 mg tablets for humans isotretinoin uk buy isotretinoin 10mg without prescription

  72. Vdqfyh says

    modafinil where to buy order prednisone 40mg online cheap buy prednisone 20mg generic

  73. accutane mexican pharmacy says
  74. trusted overseas pharmacies says
  75. Xtqgep says

    amoxicillin 1000mg pills order azithromycin 500mg online order generic prednisolone 20mg

  76. Hlhxiw says

    accutane buy online accutane 40mg cheap zithromax 250mg generic

  77. canadian online pharmacies prescription drugs says
  78. Ubrmnl says

    purchase gabapentin online buy generic gabapentin over the counter doxycycline 200mg cost

  79. Kgkmfx says

    prednisolone 20mg over the counter buy neurontin 800mg online furosemide price

  80. Wezkrt says

    buy albuterol 2mg sale ventolin for sale buy generic synthroid

  81. Cxtrje says

    clomiphene 100mg canada where can i buy hydroxychloroquine hydroxychloroquine online buy

  82. canadian drug stores says
  83. list of online canadian pharmacies says
  84. canadian pharmacy worldwide says
  85. canada medicine says
  86. Rngecl says

    vibra-tabs for sale online albuterol tablet buy clavulanate pills

  87. canada prescription drugs says
  88. medication online says
  89. Uhevgj says

    buy generic atenolol buy tenormin pill femara drug

  90. canadian drugs online pharmacy says
  91. Vrxoqv says

    synthroid over the counter synthroid online order buy vardenafil 10mg pills

  92. Fgxqpa says

    order albenza 400mg online buy medroxyprogesterone 5mg pill provera 10mg oral

  93. Rfivyg says

    order glucophage 1000mg online metformin 1000mg price norvasc 10mg without prescription

  94. Hwendl says

    praziquantel 600mg cheap order praziquantel for sale purchase periactin online

  95. Ziwdtu says

    zestril 10mg brand buy generic lisinopril online metoprolol price

  96. Btlwxk says

    order lyrica 150mg sale purchase lyrica pill order generic dapoxetine 30mg

  97. Zxrnez says

    methotrexate ca generic reglan 10mg metoclopramide over the counter

  98. Tqopqb says

    cheap xenical 60mg buy xenical without a prescription zyloprim cost

  99. pharmacies not requiring a prescription says
  100. buying drugs canada says
  101. Czaibs says

    buy hyzaar medication nexium capsules buy topamax 200mg pill

  102. Vozwsp says

    order rosuvastatin generic zetia buy online buy motilium generic

  103. Ywhpxx says

    buy sumatriptan 50mg for sale buy avodart for sale dutasteride order

  104. Kxbgpv says

    order tetracycline 250mg without prescription oral tetracycline 500mg lioresal pill

  105. Aymzfp says

    toradol order online colchicine 0.5mg without prescription how to get inderal without a prescription

  106. Waspdl says

    oral zantac zantac 300mg pills buy celecoxib 100mg pill

  107. Ezolpi says

    clopidogrel 150mg pills order clopidogrel 75mg pills nizoral 200 mg without prescription

  108. Tmtwra says

    buy tamsulosin 0.2mg generic buy tamsulosin without prescription buy spironolactone for sale

  109. Stcttn says

    brand cymbalta 20mg order duloxetine online where to buy nootropil without a prescription

  110. Tdltyk says

    betamethasone cost buy betamethasone 20 gm online cheap buy sporanox online

  111. Wudbqt says

    buy cheap generic combivent ipratropium over the counter zyvox 600mg tablet

  112. Jupxob says

    order prometrium 100mg for sale olanzapine over the counter order zyprexa online cheap

  113. discount mail order pharmacy says
  114. Vgjqdq says

    buy nateglinide buy capoten tablets cheap candesartan 16mg

  115. Ifycsi says

    cost nebivolol 5mg clozaril usa buy clozapine 50mg for sale

  116. Bszuis says

    zocor 10mg over the counter valtrex 500mg tablet viagra pills 100mg

  117. Kwyzts says

    order tegretol generic buy tegretol generic lincocin 500mg tablet

  118. drug canada says
  119. Pksqgm says

    cialis 40mg ca buy cialis without rx sildenafil next day

  120. Bexzrw says

    duricef 250mg ca buy propecia 1mg generic brand finasteride

  121. Cpitdn says

    buy diflucan 200mg without prescription buy ampicillin 500mg for sale buy ciprofloxacin 1000mg without prescription

  122. Dnutyc says

    estradiol 2mg oral where can i buy estradiol order prazosin 2mg generic

  123. Rwlcbc says

    generic mebendazole 100mg order tadalafil pill tadalis price

  124. Qvaaog says

    metronidazole over the counter buy septra tablets cephalexin 500mg usa

  125. Uktmwa says

    avanafil 200mg pill avanafil online buy order voltaren online

  126. Dzqxll says

    cheap cleocin 150mg buy cleocin 300mg order sildenafil 100mg sale

  127. canadapharmacyonline com says
  128. Cpbxca says

    order nolvadex 10mg online cheap where to buy tamoxifen without a prescription where can i buy ceftin

  129. Zifvjv says

    buy indocin 50mg without prescription cefixime 100mg canada buy cefixime

  130. Phovop says

    amoxicillin 250mg pill buy amoxicillin 500mg pills biaxin buy online

  131. Qlnkmq says

    careprost nasal spray buy generic desyrel over the counter buy trazodone 100mg pill

  132. Iyrbvg says

    clonidine online buy spiriva 9mcg sale spiriva online order

  133. 네이버 아이디 판매 says

    The ID used on the NAVER platform is being sold.I think everyone is well aware of the impact of online advertising in today's era, and there is no need to talk about how important online advertising is.In particular, NAVER is the most basic. 네이버 아이디 판매The reason is undoubtedly because it is the most popular tablet product in China.

  134. Jhgkzn says

    order suhagra 100mg sale sildalis brand sildenafil 200mg

  135. Hhtucz says

    order minocin 50mg sale order pioglitazone for sale buy actos 15mg pill

  136. Blottdult says

    I don t want to have any regrets about life in general, and certainly not in this cancer journey how much does cialis cost

  137. Eajfbe says

    purchase arava purchase leflunomide pill order sulfasalazine 500mg for sale

  138. Gduzms says

    isotretinoin tablet buy amoxicillin 500mg online cheap buy zithromax 500mg sale

  139. Ilnfon says

    order cialis 5mg sale sildenafil citrate 50mg cialis 40mg cheap

  140. Sozfys says

    azipro 250mg sale oral azipro 500mg order generic neurontin 100mg

  141. Elkotc says

    ivermectin 6mg tablet buy stromectol 6mg online cheap order prednisone 40mg

  142. Whvdhe says

    lasix online doxycycline 100mg uk ventolin inhalator tablet

  143. Kuyvjv says

    buy vardenafil 10mg sale generic zanaflex hydroxychloroquine 200mg over the counter

  144. Likluv says

    order altace 5mg generic glimepiride 1mg over the counter arcoxia canada

  145. Otfhdg says

    vardenafil 10mg us hydroxychloroquine tablet hydroxychloroquine 200mg canada

  146. Ctzrsy says

    asacol tablet mesalamine sale buy avapro 150mg online cheap

Leave A Reply

Your email address will not be published.