Deutsche Bank Explores Stablecoins & Tokenized Deposits as it Navigates New Regulatory Landscape

Deutsche Bank is actively exploring various options within the burgeoning stablecoin landscape, with a focus on both issuing its own stablecoin and joining industry-wide initiatives. The bank’s head of digital assets and currencies transformation, Sabih Behzad, suggests that banks have numerous pathways for engagement in this sector. These include acting as reserve managers or creating their own tokens independently or in collaboration with consortium partners.