Key Highlights Canada’s six largest banks have joined forces to explore a shared tokenized deposit network, keeping customer funds within the regulated banking system while enabling 24/7 programmable payments. The initiative builds on Project Samara, where the Bank of Canada, RBC, and TD successfully issued, traded, and settled a 100 million Canadian dollar bond on ...
Key Highlights Major financial institutions are simultaneously operating tokenized deposits, regulated stablecoins, and traditional correspondent accounts on separate infrastructure, creating operational complexity. Fragmented liquidity across multiple networks multiplies capital inefficiency, with idle funds locked on five networks representing five times the inefficiency of a single pool. Privacy and interoperability remain critical barriers: banks cannot expose ...
For a thousand years, the financial industry has sought ways to move wealth virtually. Yet each time innovators develop a faster or more secure method…