A bank-branded stablecoin.
Issue a payment stablecoin under your bank's brand, built to the federal payment-stablecoin framework. We handle the reserve, redemption, and policy mechanics; you keep the brand, the relationships, and the deposits.
Product · For Banks
Turn your bank into a global provider.
Issue, hold, and move tokenized dollars under your own brand and charter. Stellus plugs into your bank — not the other way around.
✦ Why now
Banks have a 12-month window to position.
The U.S. federal payment-stablecoin framework is being finalized — and once it lands, tokenized dollars become a product category banks can offer. Banks that move first will define the next era of dollar movement. Banks that wait will compete with fintechs that didn't.
Stellus is the infrastructure layer that lets a chartered institution stand up issuance, custody, settlement, and global payout — without rebuilding any of it from scratch.
The shape of the windowLive drafting
- Jul 18, 2025GENIUS Act enacted
Federal framework signed; the clock starts.
- Jun 9, 2026Comment periods closed
Six agencies completed proposed-rule comment cycles.
- Jul 18, 2026Final rules due
Statutory deadline for final federal rules.
- ≤ Jan 18, 2027Effective date
Framework takes effect — earlier of 120 days after final rules or Jan 18, 2027.
Source: U.S. federal payment-stablecoin rulemaking calendar.
✦ What you can do with Stellus
The product set a bank can launch.
Four core offerings, all under your brand, all reconciled on the same ledger as your existing deposit and treasury books.
Your deposits, tokenized.
Stand up tokenized dollar deposits backed by your bank. Customers get a programmable balance that behaves like cash; you keep the deposit on your balance sheet.
A pathway to PPSI standing.
Pursue Permitted Payment Stablecoin Issuer authorization on top of a framework that's already been designed to the rule. Less to retrofit, more to launch.
Last-mile coverage, out of the box.
Plug into 190+ payout countries in ~100 currencies across nine rails — including local bank, real-time, push-to-card, mobile wallets, and stablecoin wallets — through our locally licensed partner network.
✦ Three pathways
The pathway that fits your charter.
The federal payment-stablecoin framework defines three routes to Permitted Payment Stablecoin Issuer (PPSI) status. Stellus has been engineered to slot into all three.
IBank-affiliated
IDI subsidiary
A subsidiary of an insured depository institution chartered to issue under federal banking supervision. The deepest integration with existing capital, liquidity, and exam regimes.
IIFederal non-bank
OCC-licensed non-bank
A non-bank issuer federally qualified by the OCC. Built for institutions that want a federal supervisory perimeter without an IDI charter.
IIIState qualified
State-chartered issuer
A state-qualified issuer operating under a regime certified as substantially similar to the federal framework. Caps and transition triggers apply at scale.
Pathway specifics summarized from the federal framework and proposed rules — pending finalization.
✦ The reserve-home insight
Your deposit franchise becomes the reserve home.
Federal rules allow a meaningful portion of payment stablecoin reserves to sit in insured demand deposits. For a bank standing up its own stablecoin or partnering on issuance, that means the reserves backing the stablecoin can rest in your deposit franchise — preserving funding, lending capacity, and customer relationships rather than draining them.
Pair that with a tokenized deposit product, and your bank operates on both sides of the dollar: the open stablecoin rail with reserves you hold, and a programmable deposit token sitting on your books.
Bank-side product surface
- Stablecoin issuance
Mint and redeem a payment stablecoin under your brand; reserves held under the federal framework.
- Tokenized deposits
Programmable, on-chain version of your existing deposit book — same accounting, new utility.
- Reserve home
A portion of stablecoin reserves can sit as insured deposits at your bank, within concentration rules.
- Global payout connectivity
Add cross-border real-time payout to your platform without standing up entities corridor by corridor.
✦ The market is moving
Bank-issued tokenized money is being built right now.
Bank consortia, regional banks, and chartered institutions are publicly committing to tokenized deposit and stablecoin networks — most slated to launch between late 2026 and 2027. Banks that wait for the second wave will integrate into someone else's network.
Stellus exists so chartered institutions can stand up their own product on a defensible, framework-aligned stack — instead of consuming someone else's rails or rebuilding the plumbing themselves.
Indicative market signals2026 → 2027
- Major-bank consortia have publicly announced tokenized deposit networks targeted to launch in 2027.
- Wyoming SPDIs and community banks are piloting dual-purpose tokens combining deposit and stablecoin economics.
- Federal real-time rails (FedNow, RTP) raised per-transaction limits in late 2025, expanding the bank-rail surface area.
- Federal Reserve has announced expansion of Fedwire and NSS to weekend/holiday operations, with implementation timed for the late-2020s.
Sources: agency announcements and public disclosures — see Disclosures.
✦ How banks plug in
Five components. One integration.
Stellus is delivered as infrastructure, not a product to consume. You plug in once; you ship the user-facing brand and the relationships.
- 01
White-label issuance
Issue ozUSD-equivalent payment stablecoins and OZD-equivalent tokenized deposits under your brand. Your name on the rail; our infrastructure underneath.
- 02
Compliance, pre-built
KYC/KYB, Sanctions, AML, PEP, watchlist, Travel Rule, and ongoing monitoring all run inline. Bring your policies; we wire them in.
- 03
Custody of your choosing
Use our integrated qualified custodians (FalconX, Fireblocks, Anchorage) or bring your own. Reserves never commingle with operating funds.
- 04
Global payout rails
Pay out from your tokenized dollar balance into any market, currency, and method we support — without standing up corridor-by-corridor entities.
- 05
One ledger of record
Funding, issuance, transfers, payouts, and redemption all reconcile on a single ledger your auditors and regulators can read continuously.
✦ Who it fits
Chartered, regulated, ambitious.
Wyoming SPDIs
Charter cousins. Native fit with Stellus's own SPDI posture — bring your charter, plug into the network.
OCC-chartered banks
National banks pursuing trust, payments, or digital-asset products under federal supervision.
State-chartered banks
State commercial banks expanding into digital deposit and stablecoin products — under your existing primary regulator.
Non-US banks
International banks needing a regulated path into US dollar settlement and payout, without standing up their own US presence.
What you keep. What we handle.
You keep your charter, your brand, your customer relationships, your deposit relationships, your policies, and your regulators.
We handle the on-chain plumbing: issuance, reserves orchestration, identity (OzID), settlement, custody integrations, the policy engine, the partner payout network, and the ledger of record.
What you decide together with us is how the product behaves: limits, approval flows, redemption windows, corridor strategy, and FX policy.
✦ For banks
Turn your bank into a global provider.
Confidential conversations with chartered institutions and their counsel. We come prepared.