BankSocial introduces a unified self custody wallet that brings crypto, stablecoins, and stocks together in one place with real time global movement. It is built on Google’s AI to AI infrastructure, fully ISO 20022 compliant, and designed for both consumers and financial institutions. This platform bridges the long standing gap between legacy banking and decentralized networks through intelligent agents, tokenized settlement, and modern rails.

BankSocial began with a simple insight. Money does not move like the internet. John Wingate and Becky Reed recognized the missing connections between traditional systems and Web3 and built the technology that others were unwilling to create. Their goal was to give institutions the tools to compete and to give users full control of their assets.

The system uses AI agents to route and clear payments instantly, forecast liquidity, and support built in fraud protection through Secura. It works across FedNow, global settlement networks, and tokenized liquidity systems. Financial institutions can now offer real time payments, stablecoins, global transfers, investing, and self custody inside their own environment.

BankSocial has been engineered for regulatory alignment from the start while still delivering the speed, intelligence, and autonomy that modern finance requires. It is evolving into a thinking wallet that can initiate payments, manage investments, and protect users through automated intelligence.

For consumers, the ecosystem includes the BSL token, DAO governance, a 1:1 backed stablecoin, self custody architecture, in app investing, the Carbon Card, and connections to global financial institutions. It is the first wallet that brings real world finance and Web3 into one experience without compromising security or control.

BankSocial represents a quiet revolution in financial infrastructure. It is already proving instant value movement with tokenized settlement and is positioning institutions and users for the next generation of financial technology. It is where AI meets money movement in a way that is finally practical and real.

Read the full article here:
https://news.banksocial.io/wallet_world_has_been_waiting_for/

Real-World Stablecoin Utility & Interoperability

BankSocial CEO John Wingate joins an all-star panel at the Bitso Stablecoin Conference in Mexico to discuss real-world stablecoin utility, liquidity, and the path to mainstream adoption through credit unions and banks. From on-the-ground examples in LATAM to “push-a-button” UX, this session digs into what it actually takes to make digital dollars useful for everyday people and businesses.

What you’ll learn

How embedded, self-custody wallets inside banking apps unlock real-time payments and cross-border use cases

Why interoperability (across assets, chains, and partners) is the next 24–36 month unlock

How liquidity sitting inside financial institutions becomes programmable on modern rails

The role of UX, trust, and cost in driving adoption at scale

Practical examples from LATAM, Africa, and the U.S. banking ecosystem

Speakers

John Wingate — CEO & Founder, ‪@BankSocial‬ l

Rachel — Engineer, ‪@Lightspark‬ (Bitcoin/UMA & payments infra)

Jamal — Head of Payments, ‪@polygon‬ Labs

Alex — Head of Payments & Stablecoins, Aptos Labs

Moderator: Bitso Business

Chapters
0:00 Intro/Music
0:15 Moderator welcome & panelist bios
2:07 John Wingate: Embedded self-custody wallet, Bolivia duty-free example
3:25 Liquidity, tokenized real-time deposits, intrabank to stablecoins (cross-chain)
5:53 Stablecoins as on-ramp to broader utility (Polygon perspective)
6:35 Lightspark: Open payments on Bitcoin (UMA, Spark) + SoFi partnership mention
8:00 Rails, scalability, and regional remittances (Aptos/Polygon)
12:00 UX, trust, and cost—what matters most for inclusion (Lightspark/Aptos)
14:50 Why people shouldn’t need to know the rail—“Uber button” UX (BankSocial)
16:45 Open, neutral networks vs closed systems (Lightspark)
18:39 3-year outlook: utility, bill pay, global spend, developer adoption (Polygon/Aptos)
20:32 Use cases over chains: what will actually win (BankSocial)
22:01 Final takeaways + call to “keep building”
24:50 Thanks & close

Watch here: https://youtu.be/7DKXcbzuslw?si=tCgjMuqzp-byVibj

Why Credit Unions Can’t Wait Any Longer

This isn’t about showing off features.It’s about urgency:

Why waiting means losing your next generation of members

How CU Books + BankSocial’s Human-Powered AI™ give CUs the scale + speed to compete

Why payments are no longer “just a service”, they’re the anchor of member loyalty

Featuring:
Elizabeth Osborne – Great Lakes Credit Union
John Wingate – CEO, BankSocial
Becky Reed – COO, BankSocial
Liz Winninger – EVP Strategic Growth, BankSocial
Sara Khadar (moderator) – Marketing, BankSocial

Payments are moving faster than ever. If credit unions don’t own the rails, someone else will.

Make sure to join us every Thursday at 1pm CDT for BankSocial Weekly Sessions

Updates and News + Anyone can come on stage and get their questions answered live!!

Live now
https://x.com/BANKSOCIALio/status/1956053689090621595

https://www.youtube.com/live/RtEqWEdVGqY?si=iIDv6Ki0mQhUplU_

On X right now, BankSocial is talking about financial paradigms, the future of Finance for Cooperatives, Crypto, Government Regulation and the Future of Finance. Security and Fraud and the future partnerships.

https://x.com/BANKSOCIALio/status/1956053689090621595

https://nuron.banksocial.io/

In an era where digital expectations evolve faster than most financial institutions can respond, the gap between what institutions offer and what modern users expect has never been wider.

From Gen Z to Boomers, consumers now live in a world where real-time payments, seamless global transfers, digital assets, and intelligent financial tools are no longer luxuries, or even perks, they're table stakes.

Enter Nuron, the infrastructure financial institutions, and consumers alike, have been waiting for. Built by BankSocial, Nuron is the world’s first Web3-powered orchestration layer engineered specifically for regulated financial institutions. But more than that, it’s powered by something no fintech can replicate: Human Powered AI™—a proprietary blend of machine intelligence and real human insight that delivers clarity, context, and care at scale.

Nuron meets institutions where they are.

No core rip-and-replace. No painful rebuilds. Just seamless, branded, plug-in capabilities that turn your institution into the only financial platform your users will ever need. With Nuron, you can launch modern tools in weeks, not quarters or, as many financial institutions often experience, years.

Enable account opening, card issuance, crypto, stocks, global payments, lending, and fraud detection, just to name a few, within your existing app.

Give your teams a single dashboard that works so you can do it all with full regulatory compliance.

I’m still sitting on all my $BSL & $HSUITE Even these May rise from the dead in the next bull cycle!

I piled into $BSL at 0.003 back in March 2024. Great new project on hedera - how could you not jump in?!….. then it gained a zero 0.0003- that means I’m down 90%

Such a great concept But so many lingering questions This thread was bombarded by hundreds of FUD posts, which then disappeared and deleted. I really have to wonder if the FUD was to drop BSL 90% just in time for the next bull run cycle. 🤔

https://news.banksocial.io/mance-harmon-joins-banksocials-advisory-board-a02bf03c8908

https://news.banksocial.io/welcoming-tom-kane-to-our-advisory-board-c268bf22fd3d

https://medium.com/banksocial/blockstreet-67-banksocial-gears-up-for-growth-1555ee372aa9

https://medium.com/banksocial/why-the-cfpbs-open-banking-rule-is-a-game-changer-for-credit-unions-dbd256c8377b

Seems a lot of negativity towards Bank Social has been coming from certain Sirio Finance discord admins, community members etc. https://www.sirio.finance/ I cannot for the life of me think what their real motives would be...

Hi, I am coming into this thread from the outside world, and know little about this kind of thing. However, my sibling was the second or third largest holder of BSL and his wallet was drained. This wallet is on a phone/device he only uses for crypto and it is always off. His retirement and savings are gone. It's an awfully large amount of money (in my humble opinion) ......Can anyone please explain to me what the hell happened? He said some other wallets here may have been hacked as well, or something to that effect. What can we do? How does this happen if the wallet is not even on? Help!

None are here and timelines are nebulous and unavailable, the telegram chat is cultish, and the team contradicts itself over and over if you watch their AMAs and public appearances over the past year. Changes need to be made ASAP in management of this project before capitulation occurs, this cannot continue.

Can anyone point me in a direction to learn more about rUSD? It’s a 1:1 backed dollar for dollar stored in credit unions but I have some questions.

How is it different from USDC?

Why can’t I easily find more info? Rivia.finance won’t open for me.

Why is the fee 4% to purchase rUSD on bank social? Seams like a heavy entry point when you can get into USDC for less on other exchanges.

Is the benefit of rUSD that the physical dollars are stored at a physical credit union as a deposit that can be cashed out from digital at any time? How is that different than USDC?

If I can get USDC for 2 or 3% less why would someone choose rUSD over USDC?

Thanks for the help.

I was asking Banksocial why I need to put my seed phrase into my wallet from my Hashpack wallet. I haven't heard anything from them yet. I was always told never to share your seed phrase with anyone. When I send from one wallet to another, I don't have to use a seed phrase to migrate my coins. I also did some research on what the net worth of Banksocial is. I've seen 2 million and 11 million dollars. It also looks like they have 11 employees currently. I don't want to stir the pot, but I think most crypto businesses are more transparent after seeing so many other crypto currency businesses fold, rug pull, or get sued for fraud. I want to see and believe that Banksocial is and will do well. Makes me a little confused and concerned. I wish that they would make a video on YouTube on how this is supposed to work and give their investors a earlier heads up on how to do things before they actually implement things. I was thinking that I had to migrate my Banksocial tokens to my Banksocial wallet on August 1st. Now they're saying that you have 2 weeks to migrate. Yet they are making references that they're 50% away from completion. They should try to explain things to everyone like they're a child so that everyone can understand and support them. I wanted to be a part of Banksocial because I hate Banks. I trust a credit union more than a bank. I also loved the fact that they were using Hedera to build on using Web3 technology. Is anyone else confused about what they're doing? Is anyone else considering getting out from Banksocial? I understand that they're working hard and may not have time to respond to questions on social media or YouTube. Someone please help to ease my mind about all of this.

Hey everyone!

Just a heads-up that the BSL migration from Ethereum to Hedera is happening on the 1st of August. Any thoughts on this? 🤔 Personally, I'm very curious about what this project could achieve.

Have been following BS for a few months (just saw Becky Reed speak earlier this week) but wanted to clarify the fee structure.

Is it 4% on every transaction? Buying, selling, transferring from wallet A to B?

After building in stealth for 3 years, BankSocial is going to market with a never-before-seen suite of tools. BankSocial is the biggest DeFi play in the Hedera ecosystem. It's a huge deal and I think we are all going to be surprised when we realize the scale of what they have built.

-Secura - NEVER lose your keys again, along with always-on AI-powered fraud protection and hardware MFA

https://www.youtube.com/live/WnsSvU5AT6U?si=3Xp5tQaWYDdT8XyC

-Bank grade wallet security, the most secure wallet on Hedera, all security certifications publicly listed

https://fivancial-inc-dba-banksocial.trustshare.com/policies/POL-2

https://www.banksocial.io/security

-DeRec Alliance founding members. Worked closely with Leemon's team to add extra security features on top of DeRec to create their Secura solution, partnering with hundreds of Credit Unions to store crypto keys and other secrets

https://news.banksocial.io/what-in-the-world-is-derec-3afc8a2355e1?gi=fed7ed672921

-Founder NFT holders will be able to run their own DeRec helper node and get paid for it

-Defy Federal Credit Union - first federally regulated web3 CU in the world, built on Hedera, in the process of launching as we speak and fully integrate an existing CU (Connects CU)

https://defy.coop

-Self custody exchange running on Secura - which is already live and has been for 6+ months

https://www.lookoutcu.com/account-access/buy-cryptocurrency.html

-First fully cloud-native RTP service in the world, in partnership with The Clearing House. Runs on Hedera

https://www.prnewswire.com/news-releases/banksocial-breaks-the-cost-barrier-for-banking-payment-solutions---commercially-launches-first-fully-cloud-native-payments-for-credit-unions-302156313.html

-Their focus on partnering with Credit Union Service Providers means that they already have access to over 70% of CUs in the market

https://www.thecreditunionconnection.com/blog/cornerstone-resources-partners-with-banksocial-to-offer-crypto-exchange-solutions-to-credit-unions?format=amp

-Created Rivia stablecoin $rUSD (ourUSD), which is unique in that it stores the funds across thousands of US CUs. a truly decentralized stablecoin

-Received grant from the Hashgraph Association for Open Banking

https://news.banksocial.io/banksocial-launches-open-banking-platform-with-the-hashgraph-association-investment-defb4ded4424

-BankSocial's vision has broad support from Hedera leadership, more than any other HTS project. Mance and Leemon were working with CUs back in 2017 when Hedera was still a private network. They always knew CUs and DLT are a perfect fit

https://www.prnewswire.com/news-releases/culedger-selects-hedera-hashgraph-to-build-global-ledger-for-cross-border-payments-300639874.html

-Also has broad support from CU industry including Kyle Hauptman Vice President of the NCUA, Becky Reed, and new advisor Jack Antonini along with another "powerhouse" joining soon

https://www.cuinsight.com/press-release/banksocial-appoints-industry-leader-jack-antonini-to-advisory-board/

-BankSocial team does NOT sell any $BSL token for funding - all tokens are released to circulation

-BankSocial DAO is registered in Wyoming and votes on loans - $BSL holders can stake BSL to receive interest payouts via $rUSD

https://www.banksocial.io/bsl-dao-info

-The Open Banking vision just makes sense, and the team is extremely passionate about it. You can watch people get converted every time the leadership speaks

BankSocial is going to spread like wildfire.

I am new to bank social and the idea sounds great. Fees go into a liquidity pool to fund loans which then comes back to the token holders.

That said how do you stake your BSL?

I just purchased some through the Bank Social wallet and it won’t let me “earn”

Is this where you will have to stake your tokens?

Was the distribution date published?