Stablecoins are getting bigger around the world and they are popping up like mushrooms. Sometimes they are bank specific and sometime entire country issues one stablecoin. It all depends on the local regulations on what is allowed and what we can't do.
Now in Nebraska's bank Telcoin which deals with the digital assets they have launched the stablecoin that is now on the Ethereum and the Polygon. This is one of the digital dollar that is publicly launched on blockchain. So the verification and validation on the public chain is now possible.
Lot of bitcoins in the USA make use of the lightening payments. And we need the the exchanges and swaps where it can be swapped with the local dollars. And eUSD happens to plan on filling the gap. They would be acquiring more market shares as they get the exchange listing and then bank listing. Which means ATM would get the stablecoin too.
This is a good direction that banks are now on the chain. And they are launching the USD on the chain in a public ledger data. Which goes to show that banks and govt is in panic as the people adopt the crypto over the USD. And they want the piece of the same.
Let's see where the eUSD adoption goes compared to the USDT and the USDC. You can check out the telcoin here.
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