#ProofofFed# (photo taken from inside the Philly Fed today during its fintech conference). I’m grateful to Jalapa to have been invited! And yep, I really did go on the record predicting #tokenizeddeposits# will eat #stablecoins’# lunch. With @ARedbord & @_shawn_main #HazelNetwork#

"Tokenized deposits are actual representation of someone's deposit at a bank so they are treated in the same regulatory way and stay within the bank perimeter." @gluk64 breaks down tokenized deposits and how Prividiums match their institutional requirements on @FINTECHTVglobal

Citi does not see tokenized deposits and stablecoins as rivals, but as two routes to the same goal.⁣ ⁣ @RyanRRugg, Head of Digital Assets @Citi , on the latest episode of Tokenized with @sytaylor and @rangoldi said: ⁣ ⁣ "Imagine being able to bring tokenized deposits and stablecoins together to be able to have that fungibility between cash and tokens instantly."⁣ ⁣ Citi is live with tokenized deposits in five branches globally and has grown volumes from millions to billions in a year.⁣ ⁣ 🎙 Listen to the latest episode on Tokenizedpod(dot)com

The latest Tokenized Newsletter is live!⁣ ⁣ 𝗪𝗲𝗹𝗹𝘀 𝗙𝗮𝗿𝗴𝗼 𝗣𝗿𝗼𝘃𝗲𝘀 𝗧𝗼𝗸𝗲𝗻𝗶𝘇𝗲𝗱 𝗗𝗲𝗽𝗼𝘀𝗶𝘁𝘀 𝗔𝗿𝗲 𝗡𝗼𝘄 𝗧𝗮𝗯𝗹𝗲 𝗦𝘁𝗮𝗸𝗲𝘀 penned by @shwetabhsameer & @sytaylor⁣ ⁣ 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱:⁣ 🏦 Why Wells Fargo entering tokenized deposits late is actually the signal that this is inevitable⁣ ⁣ 📊 Tokenized stocks evolving from price exposure to real ownership (with voting rights)⁣ ⁣ 🪙 Top-down (banks) vs bottom-up (crypto) tokenization and where they collide⁣ ⁣ 💳 Western Union ships stablecoin cards before scale, exposing infra dependencies⁣ ⁣ 📈BlackRock turns a one off collateral trade into a permanent onchain product⁣ ⁣ Read the full piece at newsletter(dot)tokenizedpod(dot)com

Citi built its tokenized deposits as programmable smart contracts, so payment triggers on delivery instantly. ⁣ ⁣ @RyanRugg, Head of Digital Assets @Citi on the latest episode of Tokenized with @sytalor and @rangoldi said:⁣ ⁣ "If the ship received fuel, automatically release the funds"⁣ ⁣ A canal shipper no longer needs banking hours to move a ship through on credit.⁣ ⁣ 🎙 Listen to the latest episode on Tokenizedpod(dot)com

Citi does not see tokenized deposits and stablecoins as rivals, but as two routes to the same goal.⁣ ⁣ @RyanRRugg, on the latest episode of Tokenized with @sytaylor said: ⁣ ⁣ "Imagine being able to bring tokenized deposits and stablecoins together to be able to have that fungibility between cash and tokens instantly."⁣ ⁣ Citi is live with tokenized deposits in five branches globally and has grown volumes from millions to billions in a year.⁣ ⁣ 🎙 Listen to the latest episode on

Canada’s Big Six Banks Take Tokenized Deposits to the Next Stage Canada’s six largest banks are jointly exploring a Canadian dollar tokenized deposit system. The project aims to move tokenized deposits efficiently across participating financial institutions. The banks say it could enable faster, more efficient, and programmable payments. This initiative follows Canadian regulators' recent clarification that tokenized deposits remain traditional deposits legally. The participating banks include RBC, TD, BMO, CIBC, Scotiabank, and National Bank.

Commercial banks have begun exploring adoption of tokenized deposits, traditional deposits on digital ledgers. Tokenized deposits could improve payment efficiency for retail and institutional clients.