Cari Network, led by former U.S. Comptroller Gene Ludwig, has chosen Prividium, a Matter Labs infrastructure, to develop a tokenized deposit network for U.S. regional banks. Built on ZKsync and anchored to Ethereum, the platform allows banks to issue and transfer tokenized deposits continuously, with deposits recorded as liabilities on bank balance sheets. Prividium ensures instant settlement between verified parties while maintaining privacy by storing personal identity information within each bank's core systems.
Cari Network Partners with Prividium for Tokenized Deposit Network
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
