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Customers Bank To Provide Crypto companies With Bank Accounts And Real-time Tokenized U.S. Dollars Transfer Services
Summary: According to Coindesk, Customers Bank in Pennsylvania, USA, is cooperating with blockchain payment provider Tassat to provide bank accounts and real-time tokenized U.S. dollars transfer services for crypto companies. The bank will use Tassat's blockchain-based platform to allow customers to send U.S. dollars 24/7. 10 to 15 customers will begin testing the platform in September, and ...
According to Coindesk, Customers Bank in Pennsylvania, USA, is cooperating with blockchain payment provider Tassat to provide bank accounts and real-time tokenized U.S. dollars transfer services for crypto companies.
The bank will use Tassat's blockchain-based platform to allow customers to send U.S. dollars 24/7.
10 to 15 customers will begin testing the platform in September, and then open the service to other crypto ecosystems in October.
The bank will compete with California's Silvergate Bank and New York's Signature Bank. Cameron Somers, director of digital assets, said: "We are well-positioned to be a great third banking option that can offer a strong offering to the digital asset space. The main focus is to build a low-cost deposit franchise very similar to what Signature Bank and what Silvergate Bank has done."
Tags: Crypto,Customers Bank,Signature Bank,Silvergate Bank
Link: Customers Bank To Provide Crypto companies With Bank Accounts And Real-time Tokenized U.S. Dollars Transfer Services [Copy]
