Telcoin (TEL)

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Historical price evolution of Telcoin

Daily historical data. Updated automatically.

Telcoin was born in July 2017 when Paul Neuner, founder of Mobius Wireless Solutions and expert in telecommunications fraud management with more than 12 years of experience, partnered with Claude Eguienta, computer engineer specialised in distributed systems and former Pangea K.K. Tokyo, to co-found Telcoin Pte. Ltd. in Singapore. The project's objective was to use mobile telephone operators' infrastructure to distribute low-cost international remittances to the more than 5,000 million global mobile subscribers. Telcoin's ICO took place between December 2017 and February 2018, concluding on 11th February 2018 with the launch of the TEL token as ERC-20 on Ethereum.

In 2018, Telcoin became the first cryptocurrency distributed in partnership with GSMA network operators. The project's development continued during 2020, with the implementation of TEL liquidity mining on Uniswap V2 in August, followed by the launch in October of the Telcoin v2 public beta with the first remittance corridor in the Philippines. In November of that year the KYC module was incorporated and version v2.1 arrived on App Store.

The year 2021 marked several important milestones for the project. In May, TEL reached its all-time high of 0.0649 USD, whilst in June Telcoin v3 was launched with two decentralised products: TELxchange (decentralised exchange) and SMS (Send Money Smarter Network, global remittances network). An operational alliance was also established with GCash in the Philippines for direct remittances from Canada. In parallel, Telcoin collaborated in the approval of the Nebraska Financial Innovation Act, pioneering law in the United States for digital asset banks, promoted by then senator Mike Flood.

The path towards banking regulation began on 31st October 2023, when Telcoin submitted its banking charter application to the Nebraska Department of Banking and Finance (NDBF). In December 2023, the company faced a security incident in proxy wallet implementations, although the funds were recovered and audit procedures were strengthened. On 13th September 2024, the NDBF formally accepted Telcoin Digital Asset Bank's (TDAB) application.

The regulatory process culminated successfully in 2025. On 3rd February, the NDBF granted conditional approval to TDAB as Nebraska's first digital asset depository institution. In July, the United States Congress approved the GENIUS Act, federal law that regulates stablecoins and complements Nebraska's state framework. Telcoin raised 25 million USD in a pre-Series A round in October to capitalise TDAB, and on 12th November, Nebraska governor Jim Pillen signed TDAB's definitive banking charter, making Telcoin the first regulated digital asset bank in the United States.

On 26th December 2025, Telcoin reached another milestone by issuing the first 10 million USD of eUSD on Ethereum and Polygon, becoming the first United States bank with a banking charter to issue a stablecoin directly on public blockchains. The eUSD stablecoin is backed 100% by dollar deposits and United States Treasury bonds in regulated reserves.

Telcoin functions as a DeFi platform that utilises mobile telecommunications operator infrastructure as a foundation for offering financial services. The architecture is underpinned by Telcoin Network, an EVM-compatible Layer-1 blockchain where telecommunications operators that meet GSMA standards act as consensus nodes. The native TEL token operates both as a utility token and gas token on this network, whilst integrated mobile operators receive TEL incentives proportional to their transaction volume and integration level, creating an interest alignment system with protocol growth.

The international remittance process is executed through the Telcoin App via a multi-layer conversion mechanism: the sending user deposits funds in fiat or cryptocurrency format which are automatically converted into TEL or stablecoins for transmission across the network. The recipient receives the equivalent amount in their e-wallet or local mobile money platform within seconds, with fees below 2%. Decentralised liquidity is managed through the TELx protocol, whilst the total TEL supply is capped at 100,000 million units distributed as 50% for the market, 25% for ecosystem development, 15% for mobile operator incentives and 5% respectively for team and initial contributors.

Since November 2025, Telcoin incorporates an additional operational layer by operating as a regulated bank under the Nebraska Financial Innovation Act. This banking licence allows the protocol to issue proprietary stablecoins (eUSD), accept customer deposits and facilitate connections with other DeFi protocols under traditional banking supervision, combining decentralised finance capabilities with the regulatory framework of the conventional financial system.

Data verified against external sources. Some values may have changed since the last update.