Anchorage Digital, a federally chartered crypto bank, has introduced a new platform enabling banks to issue tokenized deposits. This initiative aims to integrate traditional bank money with blockchain networks, facilitating 24/7 payments and settlements without altering existing banking systems. Anchorage will provide the necessary blockchain infrastructure, including wallet management and smart contract technology, while banks retain control over customer relationships and deposit custody. This development reflects a growing trend among financial institutions to enhance payment speed and efficiency beyond standard business hours.
Anchorage Digital Launches Tokenized Deposit Platform for Banks
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