N3XT expands access to Digital Dollar, redefining B2B payments with instant, programmable transactions

N3XT, a blockchain-powered narrow bank, has extended access to its N3XT Digital Dollar (NDD), the first institutional-grade deposit token for businesses, beyond its existing client base.

Today’s business payments face a binary choice – funds are either locked in tokenised deposits confined within traditional banks or held as stablecoins that lack the protections of regulated banking. Once capital moves beyond bank walls, transactions revert to legacy payment rails, incurring costly, multi-day wire delays.

NDD disrupts this model by enabling businesses to make payments to non-custodial blockchain addresses globally, 24/7, using a bank-regulated US Dollar deposit token.

Jeffrey Wallis, N3XT Founder and CEO, said,v“Traditional banking forces businesses to mould their financial operations to rigid settlement schedules and multi-day clearing delays. N3XT is breaking this mould.”

“We’re moving past closed-loop tokenised deposits by enabling usability beyond our clients. By bringing real-time, on-chain dollar liquidity directly to businesses, we’re providing them with true accessibility and autonomy over their capital.”

NDD is fully backed and regulated

NDD tokens are backed 1-to-1 by cash or very short-term US Treasuries, with reserves matched to tokens, ensuring constant parity. N3XT also maintains regulatory capital to support its operations.

Scott Shay, N3XT Founder, said, “Our mission at N3XT is to enable the transfer of actual U.S. Dollars with the speed of crypto. This is what banking should look like in the 21st century. Businesses everywhere should be able to make immediate, secure transactions without having to choose between flexibility and peace of mind. With NDD, they now get the best of both worlds.”

“We are actualising a corollary to Satoshi Nakamoto’s vision by moving U.S. Dollars directly on-chain. NDD is just the beginning, and we’re already looking ahead to what’s next as we continue to redefine B2B payments,” he added.

What are the key benefits for businesses?

Businesses using NDD can send funds to external blockchain addresses, automate multi-party payments, manage liquidity between addresses, and lower cross-border payment costs compared to traditional systems.

There are also a few more benefits.

24/7/365 settlement: NDD eliminates multi-day clearing delays and time-zone restrictions by enabling cross-border B2B settlements within seconds, operating continuously without bank fees.

Proactive compliance & bank-grade safety: Instead of reactive denylists, NDD uses pre-screened allowlists of blockchain addresses to mitigate risks from bad actors.

Smart contract programmability: As an ERC-20 token, NDD supports programmable workflows on Ethereum, such as atomic swaps to reduce proof-of-funds friction and compress multi-party payment waterfalls from weeks to minutes.

User accessibility: NDD allows non-bank customers to securely hold and transact without opening an N3XT bank account. Initially available to enterprises with client-nominated blockchain addresses, it will expand to any business nominating a non-custodial blockchain address for allowlisting.

Aurélien Bonnel, N3XT Founder and CTO, quoted, “Regulatory compliance is at the forefront of everything we build, ensuring enterprise treasurers have 100% certainty that their funds are backed 1-to-1 by real liquid dollars.”

“By creating a core banking system on-chain, we empower organisations to execute instant transactions safely with real-time balance tracking — delivering a level of speed, security, and visibility no traditional bank can match.”

N3XT’s Digital Dollar is setting a new standard for B2B payments by combining the security and regulatory assurances of traditional banking with the speed and programmability of blockchain technology.