The post BNY Mellon considers tokenized deposits and blockchain payments appeared on BitcoinEthereumNews.com. Key Takeaways BNY Mellon is exploring tokenized deposits and blockchain payments to advance its digital asset strategy. The bank is increasing its involvement in crypto infrastructure, reflecting a wider trend in traditional finance toward blockchain adoption. BNY Mellon, a major US custodian bank, is exploring tokenized deposits and blockchain-based payments as part of its digital asset strategy. The bank is deepening its involvement in crypto infrastructure by considering tokenized deposits, aligning with broader traditional finance shifts toward blockchain technology. BNY Mellon has partnered with Ripple to provide custody services for the RLUSD stablecoin, facilitating on-chain reserve management. The move contributes to the tokenization trend in finance, where banks are using blockchain for secure, regulated transactions within their ecosystems. Source: https://cryptobriefing.com/bny-mellon-tokenized-deposits-blockchain/The post BNY Mellon considers tokenized deposits and blockchain payments appeared on BitcoinEthereumNews.com. Key Takeaways BNY Mellon is exploring tokenized deposits and blockchain payments to advance its digital asset strategy. The bank is increasing its involvement in crypto infrastructure, reflecting a wider trend in traditional finance toward blockchain adoption. BNY Mellon, a major US custodian bank, is exploring tokenized deposits and blockchain-based payments as part of its digital asset strategy. The bank is deepening its involvement in crypto infrastructure by considering tokenized deposits, aligning with broader traditional finance shifts toward blockchain technology. BNY Mellon has partnered with Ripple to provide custody services for the RLUSD stablecoin, facilitating on-chain reserve management. The move contributes to the tokenization trend in finance, where banks are using blockchain for secure, regulated transactions within their ecosystems. Source: https://cryptobriefing.com/bny-mellon-tokenized-deposits-blockchain/

BNY Mellon considers tokenized deposits and blockchain payments

Key Takeaways

  • BNY Mellon is exploring tokenized deposits and blockchain payments to advance its digital asset strategy.
  • The bank is increasing its involvement in crypto infrastructure, reflecting a wider trend in traditional finance toward blockchain adoption.

BNY Mellon, a major US custodian bank, is exploring tokenized deposits and blockchain-based payments as part of its digital asset strategy.

The bank is deepening its involvement in crypto infrastructure by considering tokenized deposits, aligning with broader traditional finance shifts toward blockchain technology.

BNY Mellon has partnered with Ripple to provide custody services for the RLUSD stablecoin, facilitating on-chain reserve management.

The move contributes to the tokenization trend in finance, where banks are using blockchain for secure, regulated transactions within their ecosystems.

Source: https://cryptobriefing.com/bny-mellon-tokenized-deposits-blockchain/

Market Opportunity
null Logo
null Price(null)
--
----
USD
null (null) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.