U.S. Banks Fight Stablecoin Growth with Tokenized Deposits
Traders Magazine covers banks' push into tokenized deposits to counter stablecoin growth, quoting Prove's Fernando Castellanos, who says the move shows traditional financial institutions no longer treat blockchain-based finance as a sideline experiment. He notes banks want the same real-time settlement and 24/7 money movement that has driven stablecoin adoption, while positioning themselves for the broader shift toward tokenized assets.
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