Tokenized Deposits: A New Era for US Banks?

Banks are about to get a whole lot faster: Custodia and Vantage Bank Texas just launched a platform that tokenizes insured deposits, turning them into digital dollars on the blockchain! This game-changing tech lets smaller banks compete, moves money at lightning speed, and keeps everything compliant, potentially creating a parallel payments network under the Fed's watchful eye. Is this the future of banking?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.