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Although interest rates have declined, people seem to be content with having their money parked somewhere safe as the trade ...
Custodia Bank and Vantage Bank have completed the tokenization of U.S. dollar demand deposits on the Ethereum mainnet. The banks issued and redeemed Custodia's Avit stablecoins on the Ethereum ...
If so, flighty uninsured demand deposits can be a feature, not a bug, in the system. If uninsured depositors pay attention, they can shut down incompetent or greedy bank management quickly, saving the ...
Custodia said on March 25 that it tokenized US dollar demand deposits and facilitated the issuance, transfer and redemption of the stablecoin “Avit” on Ethereum via the ERC-20 token standard.