Inside SSI | Trends | 3
Inside SSI | Trends week | 3 Tokenised deposits & stablecoins 🪙 🪙 Tokenised bank liabilities: major banks are trialling deposit tokens that live on...
Inside SSI | Trends week | 3
Tokenised deposits & stablecoins 🪙
* 🪙 Tokenised bank liabilities: major banks are trialling deposit tokens that live on programmable ledgers, enabling 24/7 transfers with less counterparty risk than private stablecoins.
* 🌍 Regulated stablecoin experiments: pilots such as JPM Coin, Onyx's Partior and Project Mariana explore wholesale cross‑border uses, while central‑bank digital currency pilots focus on retail remittances.
* ⚖️ Challenges: liquidity rules still require intraday buffers, and token transfers need robust KYC/AML controls; regulators are crafting new frameworks.
* 🔍 Potential impact: tokenisation could remove one correspondent hop on certain corridors, but widespread adoption is years away.
Why it matters: Token projects hint at an always‑on future, yet today's payment rails still require careful SSI management. Keeping pace means monitoring innovation without overcommitting resources.
💬 Would you trust a bank‑issued token? Why or why not? Comment below.
Topics: ISO 20022, SSI, Payments, Stablecoins, Tokenization