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@richardturrin

Who needs stablecoins? They aren't the only way to move money as tokenized deposits become very real with CME and BMO! BMO Introduces Tokenized Cash and Deposit Platform with CME Group and Google Cloud - CME Group -First bank to offer CME Group’s tokenized cash solution on Google Cloud Universal Ledger -Enhanced digital financial infrastructure modernizes 24/7 institutional settlement, enabling clients to move value continuously for margin, collateral and settlement workflows -Establishes the groundwork for tokenized deposits that support broader payment and treasury use cases Yes, I like stablecoins, but consider how much easier it is for a bank to use tokenized deposits rather than working with 3rd party private money stablecoins. #fintech #tech #finserv #AI @BetaMoroney @efipm @BrettKing @spirosmargaris @jasuja @enricomolinari @mikeflache https://t.co/M4YpOLeQ1z

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