TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg
Briefly

State Street is looking at settlement options via Fnality International and participating in 'digital-cash consortium efforts'. They are increasing their presence in the digital asset space.
Traditional finance giants like BlackRock and JPMorgan are entering tokenization for operational efficiencies. BlackRock introduced a tokenized fund on Ethereum while JPMorgan developed JPM Coin on their private blockchain.
Read at Coindesk
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