Tokenized deposits mainly target banks, large corporations, and financial institutions rather than everyday retail users. Existing banking laws continue to apply, which limits experimentation but ...

BNY Mellon launches tokenized deposits enabling faster settlement, improved liquidity, and regulated blockchain payments for major institutional clients worldwide.

Noelle Acheson unpacks the differences between stablecoins and tokenized deposits, and what they mean for both banking business models and the evolution of money. With the GENIUS Act stablecoin ...