Custodia Bank Pushes Tokenized Deposits Into U.S. Banking System

TLDR: Custodia and Vantage Bank launch tokenized deposits, connecting stablecoins directly to U.S. bank systems. The consortium enables banks to issue digital dollars under a single interoperable blockchain platform. Custodia’s patent-backed framework allows deposits to function as both tokenized assets and stablecoins. The Avit stablecoin enables cross-bank transfers while keeping tokens within regulated banking networks. [...]

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