Beyond the stablecoin debate: why banks must prepare for execution

When discussing the use of stablecoins, some important clarification is needed. The language of digital payments is often used interchangeably in the wider media, even though certain terms are highly specific. For instance, stablecoins and tokenised deposits serve two very distinct, yet complementary roles. Tokenised deposits are digital versions of insured money and, as such, when structured within existing deposit frameworks, represent lower risk, while also being able to fit within existing financial arc ...