State Avenue Works on Tokenized Bonds and Cash Market Funds, Has No ‘Present Plans’ of Stablecoin Undertaking: Report

State Avenue Works on Tokenized Bonds and Cash Market Funds, Has No ‘Present Plans’ of Stablecoin Undertaking: Report

by Jeremy

Conventional finance heavyweights and world banks are getting more and more concerned within the tokenization of conventional monetary devices, or real-world property (RWA), putting bonds, funds, credit score or commodities onto blockchain rails. The method guarantees operational advantages similar to elevated effectivity, sooner and around-the-clock settlements and decrease administrative prices.

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