On June 7, it was reported that Deutsche Bank (Germany's largest bank) is researching stablecoins and tokenized deposits, and is considering options such as issuing its own token or joining industry initiatives. The bank is also evaluating the development of proprietary tokenized deposit solutions for payments to improve efficiency. Other banks, such as Santander and JPMorgan, are also exploring stablecoins and tokenized deposits, with some early signs indicating that customers have applied them in the payment sector.
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Deutsche Bank researches stablecoins and tokenization of deposits, considering the issuance of its own Token solution.
On June 7, it was reported that Deutsche Bank (Germany's largest bank) is researching stablecoins and tokenized deposits, and is considering options such as issuing its own token or joining industry initiatives. The bank is also evaluating the development of proprietary tokenized deposit solutions for payments to improve efficiency. Other banks, such as Santander and JPMorgan, are also exploring stablecoins and tokenized deposits, with some early signs indicating that customers have applied them in the payment sector.