Kansas City Fed Flags Funding Challenges From Tokenized Deposits

T2Covered by 1 source · first reported by PYMNTS at 19 Oct, 21:55 UTC

Banks are developing tokenized deposits to give corporate customers faster access to their money. In doing so, they are making the deposits they use for funding easier to move. A research briefing from the Federal Reserve Bank of Kansas City published Friday (Oct. 16) examined the implications for…

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• T2Kansas City Fed Flags Funding Challenges From Tokenized DepositsPYMNTS19 Oct, 21:55