Scotiabank, five Canadian peers explore tokenized Canadian-dollar deposit solution
Bitget2026/09/22 12:31- Scotiabank joined five Canadian peers to explore a secure Canadian-dollar tokenized deposit solution.
- The group aims to develop faster, more efficient, programmable payments while maintaining security, stability, regulatory oversight.
- Initial phase targets efficient transfers of tokenized deposits between Canadian financial institutions.
- Longer-term plan seeks links with other emerging digital-asset initiatives.
- Participants include RBC, TD, BMO, CIBC, National Bank of Canada.
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