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VersaBank Pilots Tokenized Deposits on Algorand Before Potential Commercial Launch

VersaBank Pilots Tokenized Deposits on Algorand Before Potential Commercial Launch

Photo: TokenPost

Canadian bank VersaBank is piloting tokenized deposits on Algorand, bringing a Canadian project into a field where U.S. efforts also explore blockchain-based commercial bank money. Tokenized deposits have also been explored in a U.S. effort to support programmable movement of commercial bank money across blockchain systems . John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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