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Add as a preferred source on GoogleVersaBank Pilots Tokenized Deposits on Algorand Before Potential Commercial Launch
The pilot centers on Real Bank Tokenized Deposits (RBTDs), with a commercial launch anticipated after a successful trial.
Canadian bank VersaBank is piloting tokenized deposits on Algorand, bringing a Canadian project into a field where U.S. efforts also explore blockchain-based commercial bank money.
The pilot centers on VersaBank’s Real Bank Tokenized Deposits (RBTDs).
A commercial launch is anticipated after the pilot succeeds.
Tokenized deposits have also been explored in a U.S. effort to support programmable movement of commercial bank money across blockchain systems.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.