Former Signature Bank executives have unveiled N3XT, a blockchain-based full-reserve bank. This innovative institution operates under a Wyoming SPDI license, employing a 'Narrow Bank' model. This means your deposits aren't used for loans, offering enhanced security and transparency. N3XT holds all deposits 1:1 in cash and short-term U.S. Treasury bonds, ensuring stability and liquidity. Daily disclosures provide unparalleled visibility into its holdings. N3XT provides 24/7 programmable dollar payments and smart contract-based automatic remittance functions, leveraging the power of blockchain technology. Backed by prominent investors like Paradigm and the Winklevoss brothers (Gemini founders), N3XT aims to reshape the future of banking. ```