emblazing
@emblazing
Morgan JPM says regulators like the Bank of England prefer tokenized bank deposits over stablecoins. They see them as better aligned with fiat's "single currency" rule since they settle at face value. Stablecoins still win on liquidity and ease of use. JPM is testing a permissioned tokenized deposit product called JPMD on Base.
0 reply
0 recast
0 reaction