Custodia Bank and Vantage Bank Launch “Avit” Stablecoin

Custodia Bank and Vantage Bank have launched what they claim to be the first bank-issued stablecoin in the United States, named “Avit.” This milestone was announced on March 25, 2025. The stablecoin was issued on the Ethereum blockchain using the ERC-20 token standard, marking a significant integration of traditional banking with blockchain technology. The Avit [...]The post Custodia Bank and Vantage Bank Launch “Avit” Stablecoin appeared first on Tekedia.

Read More