Tokenized Deposits
The Missing Piece in Bank Tokenized Deposits
19 of the top 50 US banks are building tokenized deposit rails. But the interbank gap — the piece that makes them a real payment system — does not exist in production yet. Here is why that matters.
Digital Money
The Three Forms of Digital Money: What's Actually Live, What's Still Theory, and Where the Money Is Moving
Tokenised deposits are the quiet frontrunner in institutional digital money. JP Morgan's Kinexys processes $3 billion daily. Here's what the three forms of digital money actually do, where each one works, and what the banks routing between them are thinking.