Deutsche Bank assesses the application of stablecoins and tokenization of deposits, advancing payment and custody layout.

According to Bloomberg, Deutsche Bank is assessing the application prospects of stablecoins and tokenized deposits, considering the issuance of its own stablecoin or participating in industry joint projects, and exploring tokenized deposit solutions for payment scenarios to enhance payment and settlement efficiency. Deutsche Bank has previously invested in the Blockchain cross-border payment platform Partior and has partnered with the Swiss blockchain company Taurus to provide digital asset custody services for institutional clients.

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