JPMorgan sees advantages in deposit tokens over stablecoins for commercial bank blockchains

by Aurelia Butler 10 February 2023, 21:40 199 Views

Deposit tokens are issued on a blockchain by a depository institution to represent a deposit claim. This contrasts with stablecoins, commonly issued by a non-bank private entity, and CBDCs. This difference in the issuer is a key advantage:

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Source: Cryptocurrency - investing.com

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JPMorgan sees advantages in deposit tokens over stablecoins for commercial bank blockchains

SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool

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