News list for "Bank Token"
Citibank released a new report, raising the global stablecoin issuance forecast in 2030 to $1.90 trillion under the baseline scenario and up to $4 trillion under the bull market scenario. The report states that stablecoins can support up to $200 trillion in annual trading volume. However, the report predicts that trading volumes of bank tokens (such as tokenized deposits) could eventually surpass stablecoins due to corporate demand for regulatory safeguards, with transaction volumes expected to ...
Fosun Wealth Holdings announced on August 22 that it had become one of the distributors of tokenised structured notes from DBS Bank, Singapore's largest bank. The product is a cryptocurrency-linked participating note that pays gains in cash when the price of digital assets rises, while limiting downside risk.
Kavak, a used car startup in Latin America, has issued token debt to invest in the Brazilian car market. According to local sources, the company has issued nearly $1 million of tokenized commercial paper using the tokenization platform Liqi and plans to issue more than $5 million.
