DeFi· ★★★· bullish·

Cosmos launches tokenized deposit suite for banks with Jack Henry integration

  • —Banks can issue tokenized deposits on the Cosmos network
  • —Jack Henry integration enables settlement in under three seconds
  • —Service runs 24/7 including weekends
  • —Cosmos is an interoperability network connecting blockchains
Why it matters: If banks adopt the framework, tokenized deposits could challenge stablecoins in cross-border payments.
#ATOM
Source: Coinfomania
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