For payment institutions
Your safeguarded funds, sendable at any hour.
Settle with every bank on the network, and reach every participant as a customer channel — without a banking license.
What changes for a payment institution
The liability
Your token is the safeguarded client money you already hold, in a new record format — not a deposit. The safeguarding arrangement is unchanged; the token is the ledger record of a safeguarded balance.
The regulator
Registration with the National Bank of Georgia as a payment service provider; in the EU the token maps to the e-money-token category under MiCA. No new license; counsel opinion before go-live.
What you gain
Instant settlement with every bank on the network. Every participant — exchanges, marketplaces, corporates — as a customer channel. Identity attestations issued once and relied on everywhere.
Integration
The same gateway, the same ninety days.
The gateway reads your safeguarding ledger's messages exactly as it reads a bank's core. Two people for thirteen weeks; keys in your own hardware; proof every minute from day one.
What it costs
Gateway license USD 60–150K a year. Proof service, certification and reporting as for banks. The same settlement fees, only on payments to other institutions, under the published formula.
Be the second issuer in Georgia.
The Georgia program’s second phase is a payment-institution issuer and the first cross-issuer onboarding on an identity attestation. That seat is open.