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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