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But we saved everything 🙂.
Caitlin Long, founder and CEO of Avanti Bank & Trust at Custodia Bank, highlights the functionality of the Hazel Network in facilitating seamless stablecoin transfers.
According to the post, when clients of Custodia Bank attempt to send money to wallets outside the network, recipients obtain a stablecoin. Conversely, if someone outside the network transfers a stablecoin to a banking client, the integration ensures efficient movement between traditional and digital financial systems.
Long previously announced the launch of the HazelNetwork by Vantage Bank and Custodia Bank, positioning it as a bridge between traditional banking and tokenized assets. In a separate commentary, she cited challenges for large banks in deploying tokenized deposit networks by 2027 without selecting a vendor, according to earlier statements. These developments reflect her ongoing focus on the intersection of banking and digital assets.