Canada's six largest banks launch joint tokenized deposit initiative
Canada's six largest banks have launched a joint tokenized deposit initiative focusing on interbank transfers of digital commercial deposits, according to reports.
Canada's six largest banks have launched a joint tokenized deposit initiative, CoinDesk reported. The project begins with interbank transfers of digital commercial deposits before connecting to broader digital asset networks.[1]
Separately, Polymarket reported that Canada's six largest banks are jointly developing tokenized Canadian dollar deposits.[2]
Key facts
- Canada's six largest banks launched a joint tokenized deposit initiative, according to CoinDesk.
- The initiative begins with interbank transfers of digital commercial deposits before connecting to broader digital asset networks.
- Polymarket reported that Canada's six largest banks are jointly developing tokenized Canadian dollar deposits.
Sources · 2 sources
- CO
CoinDesk@CoinDeskPost on X ·
JUST IN: Canada's six largest banks launch a joint tokenized deposit initiative, starting with interbank transfers of digital commercial deposits before connecting to broader digital asset networks.
Open source - PO
Polymarket@PolymarketPost on X ·
JUST IN: Canada’s six largest banks are jointly developing tokenized Canadian dollar deposits.
Open source