VersaBank Names Ethereum, Algorand, and Stellar for Tokenized Bank Deposits in SEC Filing

TLDR: VersaBank’s SEC filing names Ethereum, Algorand, and Stellar for its tokenized deposit initiative RBTDs represent actual CAD$1 or US$1 demand deposit liabilities, not stablecoin-backed instruments. Proposed use cases for RBTDs cover payments, settlement, digital asset custody, and mainstream finance VersaBank’s multi-network approach signals banks are actively choosing public blockchain infrastructure. VersaBank has named Ethereum, [...]

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