A billionaire known for backing Trump is launching what's being called Monet Bank—a federally chartered institution focused on crypto services. The move signals another step toward mainstream financial infrastructure embracing digital assets. With federal approval, this bank could bridge traditional finance and the crypto economy, potentially offering custody, lending, and payment rails for institutional players. The name might raise eyebrows, but the regulatory green light is what matters here. Whether it becomes a game-changer or just another licensed entity remains to be seen as competition heats up in the crypto banking space.