Seamless access to tokenized deposits—the future of banking—is now available to community and regional banks nationwide with Custodia's bank-grade blockchain platform and Infinant's Interlace platform. Vantage Bank, working in partnership with Custodia, invites banks and credit unions to join the consortium, which has developed a turnkey accretive solution that integrates tokenized deposits and stablecoin directly into the traditional online banking environment. The patent-protected framework is designed to provide institutions and their customers with the efficiencies and security of tokenizationwhile safeguarding core deposits from the risk of disintermediation.

Unlike existing stablecoin providers, which often operate on fragmented platforms, this initiative addresses the challenge of interoperability by introducing a single digital token that can function as both a tokenized deposit and a stablecoin. This innovation enables consortium member banks and credit unions to extend future-ready financial products to their customers without undermining deposit stability. Consortium member banks and credit unions will also gain the benefit of the premier patent portfolio pertaining to protocols for tokenizing U.S. dollars on blockchains, which Custodia has been developing since 2020.

The platform is open to institutions of all sizes. Member banks maintain control of their wallets for tokenized deposits and stablecoins while gaining the benefit of interoperability with other financial institutions. Tokens issued under the system can shift between regulatory categories—deposit and stablecoin—while preserving clear oversight at every stage.

Practical applications have already been demonstrated. For example, early pilot programs have included instant cross-border payments for transportation companies, milestone-based disbursements in construction, supply chain settlement for manufacturers, and more flexible payroll options in service industries. These use cases highlight the system's potential to streamline financial transactions and create efficiencies across multiple sectors.