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Avit tokens were issued on Ethereum using the ERC-20 standard and executed through Custodia's proprietary Avit Management System

Avit tokens are legally classified as bank deposit tokens, not stablecoins, and are excluded from current stablecoin legislation despite their functional similarity

Custodia and Vantage developed tailored compliance documentation, policies, and procedures during the pilot, establishing a regulatory blueprint for future tokenized payment systems

Avit tokens are backed by actual bank-held dollar reserves, in contrast to USDT and USDC, which are backed by cash equivalents and issued by non-bank entities

Custodia’s system is backed by U.S. Patent No. 11392906 for the tokenization of bank deposits on permissionless blockchains

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