PANews
PANews|Jul 24, 2026 00:13
[Tassat Plans to Launch New Platform Project NENYA to Assist Small and Medium Banks in Accessing the Stablecoin Reserve Management Market] According to CoinDesk, fintech company Tassat is launching Project NENYA, aimed at helping regional and mid-sized banks access the stablecoin reserve management market. The new platform is scheduled to go live in early 2027, following a pilot program set to begin in the first half of 2026. The platform connects regulated stablecoin issuers and banks through a shared marketplace, enabling the allocation of cash deposits and tokenized high-quality liquid asset reserves. Participating banks can bid for deposits, while issuers can diversify reserves across multiple institutions and monitor pricing, liquidity, and counterparty risks. The platform itself does not operate on blockchain but plans to integrate with tokenized asset and deposit networks to reduce the technical burden on small and medium-sized banks.
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