BNY explores tokenized deposits to power $2.5T daily payment network: Bloomberg

BNY Mellon is exploring tokenized deposits to move part of its $2.5 trillion daily payment flow onto blockchain rails and modernize cross-border settlements.
Source: BNY explores tokenized deposits to power $2.5T daily payment network: Bloomberg (https://cointelegraph.com/news/bny-tokenized-deposits-blockchain-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)