Banks found a way to copy stablecoins without losing the money that funds their loans

CryptoSlate

·

Original Report

↗ CryptoSlate

Banks defend themselves against stablecoins by saying they are building tokenized deposits to modernize payments, with programmable money and around-the-clock settlement. Falcon Finance chief RWA officer Artem Tolkachev told CryptoSlate that the explanation covers only half the reason: “It is the balance sheet, not the technology.” A tokenized deposit keeps the money a stablecoin would […] The post Banks found a way to copy stablecoins without losing the money that funds their loans appeared fir