N3XT launches 24/7 blockchain bank, backed by Paradigm and Winklevoss Capital
PositiveCryptocurrency

- N3XT has launched a 24/7 blockchain bank, supported by Paradigm and Winklevoss Capital, marking a significant shift in the financial landscape towards internet-native banking solutions. This initiative aims to provide continuous access to banking services, reflecting the evolving needs of consumers in a digital economy.
- The establishment of N3XT Bank, a blockchain-powered narrow bank operating under a Wyoming charter, is a strategic move by ex-Signature Bank executives to facilitate programmable U.S. dollar payments without traditional lending practices, enhancing operational efficiency and customer accessibility.
- This development highlights a broader trend in the financial sector where traditional banking models are being redefined through blockchain technology, emphasizing the importance of 24/7 services and programmable payments, which are increasingly sought after in a globalized economy.
— via World Pulse Now AI Editorial System



