Cari Network Launches Tokenized Deposit Platform for Banks
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Cari Network unveils tokenized deposit platform for US regional banks, leveraging ZKsyncs Prividium infrastructure. Led by former US Comptroller of the Currency Gene Ludwig, this permissioned network enables mid-sized lenders to issue and transfer deposits like stablecoins, all while maintaining strict bank governance and compliance rules. Five major banks have collaborated on its design and testing, with the Mid-Size Bank Coalition of America backing the effort. This initiative comes as Congress debates stablecoin rules, positioning mid-sized banks to take charge in the shift to new financial tech.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/d48ac51f85031420