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Major US Bank Wells Fargo to Introduce Tokenized Deposits for Corporate Clients

2026/08/05 09:15
CoinPost
Written by L.Kikutani
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Major US Bank Wells Fargo to Introduce Tokenized Deposits for Corporate Clients

Introduction of Tokenized Deposits

Wells Fargo, a leading US bank, announced on the 4th that it will introduce tokenized deposits for corporate and commercial clients. By utilizing blockchain technology, the bank aims to enable 24/7/365 fund transfers, programmable settings, and settlements through the digital representation of bank deposits. Tokenized deposits refer to a system where funds held by the bank are digitized on the blockchain. While maintaining deposit insurance and regulatory protections, these deposits allow for real-time execution of fund transfers and conditional settlements...

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MAGAZINE

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