BMO, five Canadian banks explore joint CAD tokenized deposit solution
Bitget2026/09/22 12:32- BMO joined five other Canadian banks to explore a secure Canadian-dollar tokenized deposit solution.
- Initial phase targets efficient transfers of tokenized deposits between Canadian financial institutions.
- Project aims to enable faster, more efficient, programmable payments while maintaining security, stability, and regulatory oversight.
- Longer-term plan includes linking with other emerging digital-asset initiatives.
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