fromCointelegraph
22 hours agoHow US banks are quietly preparing for an onchain future
Instead, they are methodically rebuilding core financial plumbing, including payments, deposits, custody and fund administration, so these services can operate on distributed ledgers. The work is incremental, technical and often invisible to retail customers, but it is already reshaping how large institutions think about money movement and settlement. Rather than embracing unregulated crypto assets, banks are focusing on tokenization, the process of representing traditional financial claims, such as deposits or fund shares, as digital tokens recorded on a ledger.
US news