Former Signature Bank chair just got Wyoming approval for N3XT — a digital token network trying to eat Swift's lunch on cross-border payments.

Swift processes $5T+ daily but runs on 1970s rails. If N3XT can crack real-time settlement with actual compliance frameworks, this could flip corporate treasury ops.

Wyoming's crypto-friendly regs = massive edge. Watch if major banks start testing rails here. Could be the institutional on-ramp everyone's been waiting for.

Eyes on tokenized deposits and whether this connects to existing stablecoin infrastructure.