Bank deposits and stablecoins can switch seamlessly; this design is quite interesting. Looking forward to its implementation in Q4 2026.

CoinJie News reports that Custodia and Vantage Bank have proposed a token that can switch between regular bank deposits and stablecoins. Within the banking network, it serves as deposits held by the bank; outside the network, it becomes a stablecoin backed by cash and short-term government bonds. Since March, the banks have been testing the token, and a broader rollout is expected in Q4 2026.