Cosmos CCO Speaks on Tokenized Deposits at Philadelphia Fed Fintech Conference
- —Barak spoke at the Philadelphia Fed's annual fintech conference
- —His talk focused on tokenized deposits and domestic payments
- —He flagged unresolved interoperability challenges across networks
- —Cosmos builds infrastructure for cross-blockchain compatibility
Why it matters: Tokenized deposits being discussed at the Fed signals closer ties between traditional banks and blockchain infrastructure.
Source: Coinfomania