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Move over stablecoins, deposit tokens are taking crypto institutional

Move over stablecoins, deposit tokens are taking crypto institutional

Banks and major global financial institutions are already offering tokenised deposits to their biggest clients. Pic: Getty Images

  • Leading global financial institutions have already introduced deposit tokens
  • Deposit tokens offer 24/7, almost-instant transfer potential
  • Tokenisation market predicted to hit US$2 trillion by 2030

 

Whether you’re a crypto sceptic or a wallet-toting Bitcoin bull, blockchain technology is a hugely controversial financial instrument with a hell of a lot of hype and dire predictions of doom attached to it.

As the technology matures and evolves, new applications such as stablecoins and tokenised deposit coins are taking blockchain mainstream – even making the jump to fully…

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