Tokenization is not only about cryptocurrencies.
In the UK, several large banks have carried out transactions with each other using tokenized bank deposits.
The idea: to represent money held in a bank in the form of a token, to enable programmable transfers on a blockchain infrastructure.
What’s the difference with a stablecoin? The tokenized deposit remains bank money, with the legal status of a deposit.
So the blockchain could also transform the way banks move their own money.
#tokenisation #Blockchain #BinanceSquare
$BTC