Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month.
The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital.
Central banks may continue to dictate monetary policies but private regulated entities, such as banks and protocols, may play an increasingly large role in distributing money to the public, Moody's senior director Yiannis Giokas writes.
Tyrone Lobban, head of the bank's Onyx digital-assets platform, said JPMorgan is moving forward with tokenization in spite of the downturn in the crypto market.
The co-founder and president of nft now, a speaker at this year’s Consensus, discusses why Web3 has a mental health problem and the future of tokenized media.