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The real difference between stablecoins and tokenized deposits

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Manage episode 508322487 series 1767659
Content provided by American Bankers Association. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Bankers Association or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In the wake of the summer’s Genius Act, many banks and nonbanks have announced new stablecoin initiatives. Another digital asset — tokenized deposits — may meet needs similar to stablecoins, but the two asset types have significantly different features based on their underlying designs. On this episode of the ABA Banking Journal Podcast, ABA experts Brooke Ybarra and Yikai Wang discuss:

  • The key differences between stablecoins and tokenized deposits.
  • Risks that widespread payment stablecoin adoption poses to community bank lending.
  • Use cases for payment stablecoins (and areas where hype might exceed value).
  • How U.S. banks are approaching stablecoin and tokenized deposit pilots.

  continue reading

309 episodes

Artwork
iconShare
 
Manage episode 508322487 series 1767659
Content provided by American Bankers Association. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Bankers Association or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In the wake of the summer’s Genius Act, many banks and nonbanks have announced new stablecoin initiatives. Another digital asset — tokenized deposits — may meet needs similar to stablecoins, but the two asset types have significantly different features based on their underlying designs. On this episode of the ABA Banking Journal Podcast, ABA experts Brooke Ybarra and Yikai Wang discuss:

  • The key differences between stablecoins and tokenized deposits.
  • Risks that widespread payment stablecoin adoption poses to community bank lending.
  • Use cases for payment stablecoins (and areas where hype might exceed value).
  • How U.S. banks are approaching stablecoin and tokenized deposit pilots.

  continue reading

309 episodes

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