Tag: 450M, Debuts, DeFi, Deposits, Fira, FixedRate, Lending, Protocol
Fira Debuts Fixed-Rate DeFi Lending Protocol with $450M in Deposits
Ethereum-based decentralized finance (DeFi) lending protocol Fira said on Tuesday it was launching with about $450 million in deposits, highlighting demand for...
Tokenized Deposits Gain Ground as Banks Move Money Onchain
Banks are exploring tokenized deposits as they test ways to move commercial bank money onto blockchain-based payment and settlement infrastructure, according to a new...
VersaBank Adds FX to Tokenized Deposits for Cross-Border Payments
VersaBank, a federally chartered Canadian digital bank focused on institutional lending, is adding foreign exchange functionality to its tokenized deposit platform,...
BNY Launches Tokenized Bank Deposits for Institutional Clients
BNY, a financial services company that traces its roots back to one of the oldest financial institutions in the United States, launched tokenized bank deposits for its...
UBS and Ant Team Up to Tokenize Deposits for Cross-Border Payments
Investment bank UBS has entered a strategic partnership with financial technology company Ant International to explore tokenized deposits for real-time cross-border...
JPMorgan, DBS To Develop Tokenization Framework For Interbank Deposits
Leading financial institutions are continuing to explore blockchain technology to facilitate cheaper and faster institutional payments, signaling a growing interest in...
Tokenized Bank Deposits Are Inferior to Stablecoins: Professor
Banks and financial institutions have started experimenting with tokenized bank deposits, bank balances recorded on a blockchain, but the technology is doomed to lose...
Custodia and Vantage Launch Bank Blockchain For Tokenized Deposits
Crypto-friendly banks Custodia Bank and Vantage Bank have launched a turnkey blockchain solution allowing traditional banks to issue tokenized deposits that will work...
UK Banks Pilot Tokenized Sterling Deposits
Today, in crypto, UK Finance launched a tokenized deposits pilot in partnership with six major banks, including Barclays, HSBC and Lloyds Banking Group, BlackRock has...
