Citigroup CEO Jane Fraser believes tokenized deposits will be instrumental in driving the next wave of global payments, challenging the dominance of stablecoins. In a recent earnings call, […]
BNY Mellon Embraces Blockchain for Institutional Payments, Exploring Tokenized Deposits
BNY Mellon, the world’s largest custodian bank, has announced its exploration of tokenization for institutional payments and settlements, utilizing blockchain technology. This move aims to modernize payment processes […]
Deutsche Bank Invests in Stablecoin and Tokenized Deposits
Deutsche Bank has entered the stablecoin and tokenized deposit market, spearheaded by Sabih Behzad, head of the bank’s Digital Assets and Currencies Transformation initiative. This move is fueled […]
HSBC Introduces Tokenized Deposits in Hong Kong: Real-Time Payments Boost Corporate Efficiency
HSBC has made a major move into the world of digital finance by launching tokenized deposits in Hong Kong. This innovative service, supported by Project Ensemble’s financial innovation […]