United Texas Bank has converted to a national bank charter and launched a cryptocurrency payment network

United Texas Bank, headquartered in Dallas, has transitioned from a Texas-chartered bank to a nationally chartered bank approved by the Office of the Comptroller of the Currency, positioning itself as an institution connecting global cryptocurrency companies with the U.S. banking system. United Texas Bank states that it currently has the same federal licensing and direct access to the Federal Reserve as major currency center banks, and it has been clearing approximately $10 billion in dollar transactions monthly for global cryptocurrency companies.

The bank is launching a 24/7 AI-driven payment network, UTB Atomic, in conjunction with its compliance platform, UTB Prism Sentinel, to restore around-the-clock cryptocurrency liquidity and meet emerging federal regulations related to digital assets and stablecoins.