Source: CryptoSlate ↗

Banks found a way to copy stablecoins without losing the money that funds their loans

What the source reports

Banks defend themselves against stablecoins by saying they are building tokenized deposits to modernize payments, with programmable money and around-the-clock settlement. Falcon Finance chief RWA officer Artem Tolkachev told CryptoSlate that the explanation covers only half the reason: “It is the balance sheet, not the technology.” A tokenized deposit keeps the money a stablecoin would […]The post...

Read the original report on CryptoSlate ↗

Live market context

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