N3XT is a Wyoming‑chartered, full‑reserve bank that uses blockchain technology to provide instant, 24/7 settlement of USD payments between verified corporate counterparties. By holding deposits 1:1 in cash or short‑term U.S. Treasuries and offering programmable payment logic via APIs, it eliminates credit risk, reduces transaction costs, and enables seamless integration between traditional finance and digital‑asset ecosystems.
Funding
Funding not disclosed
Founders
Product
Problem
Current B2B payment infrastructure relies on batch‑processed, legacy banking systems that settle only during business hours, creating settlement delays, counter‑party risk, and a need for credit lines to bridge timing gaps.
Solution
N3XT operates as a Wyoming‑chartered, full‑reserve special purpose depository institution that holds deposits 1:1 in cash or ultra‑short‑term U.S. Treasury instruments. Using blockchain technology, the platform enables instant, 24/7 settlement of USD payments between verified corporate counterparties. Payments are programmable: funds move automatically when predefined conditions are satisfied, eliminating manual processing and reducing transaction costs. Because all deposits are fully backed and the bank does not engage in lending, counter‑party risk and the need for credit are minimized. The service integrates via APIs, providing seamless interoperability between traditional finance and digital‑asset ecosystems while maintaining regulatory compliance and radical transparency of its securities portfolio.
Target Audience
Primary customers are B2B enterprises, fintech platforms, and crypto‑asset businesses that require instant, low‑cost USD settlements and programmable payment flows.
Features
- Full‑reserve banking model with deposits backed 1:1 by cash or short‑term U.S. Treasuries, ensuring immediate fund availability
- Blockchain‑based settlement engine delivering real‑time USD transfers 24/7, 365 days a year
- Programmable payment logic that triggers automatic fund movement when contractual conditions are met
- Verified KYC/AML‑checked counterparties to reduce fraud and compliance risk
- Transparent, daily published portfolio of securities held by the bank
- API‑first architecture for easy integration with existing ERP, treasury, and crypto‑asset platforms
- No lending exposure, eliminating credit risk and reducing reliance on letters of credit