DeFi· ★★★· bullish·

VersaBank pilots tokenized deposits on Algorand blockchain

  • —VersaBank is testing RBTDs on Algorand in a pilot program
  • —The bank targets a commercial launch if the pilot succeeds
  • —The project aims to clarify Canada's rules for tokenized deposits
Why it matters: A bank-led tokenized deposit pilot signals growing TradFi demand and could speed up Canadian regulation.
#ALGO
Source: Coinfomania
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