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Banks are getting a way to move real deposits across public blockchains @KeetaNetwork and @LayerZero_Core are bringing tokenized commercial bank deposits to Ethereum, Solana, Base, and the Keeta Network, per The Block. Each token represents an actual deposit held through licensed money transmitter Bivo, not a pooled reserve. Nine currencies launch this month, including the dollar, yen, and dirham, with issuing banks retaining full contract authority. A consortium of major US banks is building a
ETH
ETH-0.30%
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$XRP does not need the CLARITY ACT to SURVIVE INSTITUTIONS NEED IT TO ENTER THE XRP AND BLOCKCHAIN ERA AT FULL SCALE. Without the CLARITY Act, the XRP ecosystem can continue expanding through payments, tokenization, stablecoins, liquidity and global financial infrastructure. But once the CLARITY Act passes, becomes law and is fully implemented, the game changes. Banks, asset managers, payment companies, exchanges and market makers would finally have a clearer legal path to hold, trade, custod
XRP
XRP-1.94%
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