Financial Institutions Are Set To Tokenize Some Deposits In 2026. It May Mark The Beginning Of A Stablecoin Boom.

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Reuters reported in September that U.K. banks are pressing on with tokenized deposits in 2026 despite the Bank of England Governor Andrew Bailey issuing a warning on stablecoins. It's another reminder of how quickly innovations in decentralized finance are starting to make their way into the traditional landscape. That's great news for stablecoins, as they are a type of tokenized asset. However, U.K. banks ...