Regional Lenders Launch Tokenized Deposits on ZKsync

TLDR A group of U.S. regional banks is building the Cari Network on ZKsync to tokenize customer deposits. The platform will allow banks to transfer tokenized deposits instantly between approved institutions. Participating banks will keep tokenized deposits on their balance sheets under existing regulations. The deposits will remain subject to FDIC insurance and standard banking [...]

The post Regional Lenders Launch Tokenized Deposits on ZKsync appeared first on Blockonomi.