Story thread · 2 reports / 2 sources

Wells Fargo Brings the Stablecoin Fight Inside the Bank

pymnts.com · 23hShare

Corporate treasurers may soon get the speed and programmability associated with stablecoins without moving their cash outside the banking system. Wells Fargo said it will begin offering tokenized deposits to select corporate and commercial clients this fall. The blockchain-based service will initially support transfers between U.S. dollars and British pounds, allowing participating companies to move, program and […] The post Wells Fargo Brings the Stablecoin Fight Inside the Bank appeared first on PYMNTS.com .

First report: Wells Fargo Launches Tokenized Deposits on a Dual Track — and the Gap Between the Two Halves Reveals the Real Stakes — forkast.news, 3d