United Texas Bank converts to a national banking license and launches a crypto payment network

Dallas-based bank United Texas Bank has moved from a Texas chartered bank to a national bank approved by the Office of the Comptroller of the Currency, positioning itself as an institution connecting global crypto companies with the U.S. banking system. United Texas Bank said it currently has the same federal licensing and direct access to the Federal Reserve as major currency center banks and has cleared approximately $10 billion in monthly U.S. dollar transaction volume for global crypto companies. The bank is launching a 24/7 AI-driven payment network UTBAtomic, paired with its compliance platform UTBPrismSentinel, to restore round-the-clock crypto liquidity and meet emerging federal rules related to digital assets and stablecoins.