I concur, banks are under the supervision of the authorities, so they do business in a much better way than exchanges compared to the exchange that issued USDT. in this case, Germany’s Bankhaus von der Heydt (BVDH) has received approval from the regulator BaFIN to issue tokenized bonds called EURB. Euro stable coins EURS developed by the Maltese startup called STASIS as an EIP20 standard token on the Ethereum platform in 2018, more competition which mean the quality of service will increase.
Moreover, Bankhaus von der Heydt has partnered with SatoshiPay as a cryptocurrency payments provider to integrate the regulatory complaint EURB into their network.

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