Definition
Bank deposit tokenization issues blockchain representations of commercial bank liabilities (deposits) for corporate payments and settlement — distinct from non-bank stablecoins and from tokenized fund share classes (tokenized-money-market-funds).
Key Points
- Remains bank money with stated deposit protections (wells-fargo 2026 announcement)
- Typical early scope: limited corridors (e.g., USD–GBP) before multi-currency 24/7 claims
- Peer set: JPMorgan, Citi, now Wells Fargo
Related
- tokenized-deposits
- wells-fargo
- jpmorgan
- stablecoin
- tokenization
- agentic-treasury
- institutional-tokenization