BNY Mellon explores tokenized deposits to modernize payments infrastructure

BNY Mellon explores blockchain-based tokenized deposits to modernize payment infrastructure. JPMorgan and HSBC have launched tokenized deposit pilots for faster, cheaper cross-border transfers. Global banks embrace blockchain as new regulations boost confidence in digital asset innovation. The Bank of New York Mellon Corp source: https://coinjournal.net/news/bny-mellon-explores-tokenized-deposits-to-modernize-payments-infrastructure/