Canada’s six major banks team up to tokenize Canadian-dollar deposits, with interbank payments going directly on-chain.

Key words to watch: interbank settlement—not something you use to buy coffee. This is a wholesale-style play. It saves reconciliation costs and goes after SWIFT’s share.

Traditional finance is taking blockchain infrastructure seriously now, while retail investors are still debating a few percentage points up or down. The perspective is off. But don’t get too excited—true implementation is still a long way off. First, wait for the pilot results.

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