Telcoin (TEL) has experienced a remarkable surge of over 100% in the past week, climbing from $0.003 to $0.006. This significant price increase follows the approval of Telcoin's digital asset bank license by Nebraska’s Department of Banking and Finance on November 12. The license enables Telcoin Digital Asset Bank to function as a regulated U.S. institution, allowing it to accept cryptocurrency deposits, issue loans, and connect to the Federal Reserve’s payment system.In addition to the license approval, Telcoin announced the launch of eUSD, the first stablecoin issued by a U.S. bank. This stablecoin is backed by U.S. dollars and short-term Treasury bonds, aligning with the GENIUS Act's objectives to integrate stablecoins into the traditional financial system. These developments have sparked renewed interest in Telcoin, contributing to its recent price surge.