Banks push tokenized deposits as onchain cash race intensifies: Report

Banks push tokenized deposits as onchain cash race intensifies: Report

Banks are testing tokenized deposits to move commercial bank money onto blockchain rails as Europe advances digital euro and tokenized finance plans.

Banks are exploring tokenized deposits as they test ways to move commercial bank money onto blockchain-based payment and settlement infrastructure, according to a new report from real-world asset dat… [+3611 chars]