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@bgilliam1982 is a good story well told. And yet, I find it’s one of the exceedingly rare times I disagree with him.
The notion of suited Mitsubishi execs walking into a New York law firm to hand-deliver a physical check seems patently absurd today.
If the story happened post-tokenization, they could settle the $9 billion in stablecoins within minutes on Ethereum.
Morgan Stanley Vice Chairman Rob Kindler gets to stay on vacation in Cape Cod, and his lawyer doesn’t need a new suit.
Fedwire has to compete with that just as NYSE does with tokenized shares. And it’s a good thing.