Tassat Launches Project NENYA to Help Mid-Sized Banks Access Stablecoin Reserve Markets

According to CoinDesk, fintech firm Tassat launched Project NENYA on July 24 to help regional and mid-sized banks access stablecoin reserve management markets. The platform, set to launch in early 2027 following a pilot in the first half of 2026, will connect regulated stablecoin issuers with banks for cash deposit and tokenized liquid asset reserve allocation.

The platform operates off-chain but plans to integrate with tokenized asset and deposit networks, reducing technical burden for smaller financial institutions.

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