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Texas banks complete first interbank loan payment using Ethereum tokenized deposits in under 3 minutes

Protocol Fundamentals
21 Oct 2026
Crypto Briefing
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Bullish
Texas banks complete first interbank loan payment using Ethereum tokenized deposits in under 3 minutes

Vantage Bank and Rio Bank in Texas completed the world's first interbank loan payment using tokenized deposits on the Ethereum public blockchain, settling principal and interest in under three minutes. The transaction updated loan records simultaneously, demonstrating how blockchain can streamline loan servicing by combining payment and record updates in one event. This milestone highlights growing confidence in public blockchain reliability for regulated banking and points toward future automation of interbank loan processes. Wider adoption depends on more banks embracing tokenized deposits and interoperable blockchain systems.

The milestone of Vantage and Rio Bank settling a loan payment with tokenized deposits on Ethereum offers context for readers interested in blockchain applications. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 22, 2026 02:51 WIB: out of 50 priced cryptocurrencies, 40 rose and 9 fell. Notable movers include ONE (Harmony) at Rp27 with a 1-day change of +4.50% and a typical hold time of 153 days, LINK (Chainlink) at Rp227,403 with +3.74% and a typical hold time of 63 days, and COMP (Compound) at Rp461,718 with -3.66% and a typical hold time of 98 days. Pluang order activity shows ONE with 77% Sell / 23% Buy, LINK with 16% Sell / 84% Buy, and COMP with 24% Sell / 76% Buy.

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