Payoneer has applied to the Office of the Comptroller of the Currency to establish PAYO Digital Bank

Odaily News Payoneer has applied to the Office of the Comptroller of the Currency to establish PAYO Digital Bank. If the application is successful, the company will be able to receive and transmit stablecoins, issue its own USD-backed PAYO-USD token, and provide digital asset custody services. (The Block)