5 December 2025

N3XT: Revolutionizing B2B Payments with Blockchain Technology
N3XT launched on December 4, 2025, introducing a blockchain-based bank aimed at transforming business-to-business payments. Located in Cheyenne, Wyoming, the bank facilitates instant, programmable U.S. dollar transactions year-round via a private blockchain. CEO Jeffrey Wallis stated,
Money should move as seamlessly as information,
highlighting the platform s capability for immediate transaction settlement without traditional financial intermediaries.
Operating as a full-reserve institution, N3XT ensures that every deposited dollar is backed one-to-one by cash or short-term U.S. treasuries. With support from investors like Paradigm, the platform enables businesses to automate payments based on predetermined conditions, thereby minimizing counterparty risk and optimizing working capital. N3XT offers a regulated environment that connects decentralized finance with conventional banking, allowing crypto-native businesses to perform U.S. dollar transactions with exceptional efficiency.
Key Information:
- Legal Registration: Wyoming, under a Special Purpose Depository Institution charter.
- Deposit Security: One-to-one backing by cash or short-term U.S. treasuries.
- Global Usage: Designed for international B2B payments across various sectors.
- Regulation Status: Fully regulated with daily published reserve holdings and state banking authority examinations.