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Crypto Friendly Customers Bank Said to Debank Some Digital Asset Hedge Funds

by SB Crypto Guru News
June 7, 2024
in Bitcoin
Reading Time: 1 min read
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The West Reading, Pennsylvania-based company, which is owned by Customers Bancorp (CUBI), deals only in U.S. dollars and does not accept cryptocurrency or make loans to support crypto activities. It offers its clients, estimated at well over a hundred digital asset firms, a real-time blockchain-based payments platform called Customer Bank Instant Token (CBIT) that allows crypto clients to make U.S. dollar payments 24/7.



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