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#digitalbank — Public Fediverse posts

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  1. So an #eWallet #digitalBank has been offering a No Annual Fees #creditcard. Months* ago I decided* to get 1 because they're a good #bank and because it's good to have a backup card.

    1st: Submit a request and they'll check if I qualify. It includes submitting a Reference 👤's name. I did not give a name.

    2nd: "Yay, Evelyn! You qualify! Now fill out an application.. give us a Reference 👤.. we will contact them..." I did NOT complete* the application, due to the Ref part.

    Today*: "Welcome!"📱

    🤪!!

  2. Circle, the issuer of the stablecoin USDC has filed an application to create America’s first digital currency bank. This would be a federally chartered trust bank built entirely around digital dollars.

    This bank will not hold consumer deposits or make loans. it will manage short-term Treasury holdings, offer custody services for institutional clients, and take full control of USDC’s reserves.

    Think of it as a digital Fort Knox—except instead of gold bars, it’s holding stacks of ultra-liquid, fully backed stablecoins.

    tipranks.com/news/usdc-issuer- #Circle #StableCoins #USDC #DigitalBank #Bank #Crypto #CryptoCurrencies