Tokenized Deposits vs Stablecoins on Canton

As HSBC, Lloyds, and JPMorgan all commit to tokenized deposits on the Canton Network, Digital Asset Chief Product Officer Bernhard Elsner explains why the instrument is structurally distinct from stablecoins and how Canton’s architecture eliminates bridge risk rather than simply managing it. Summary Tokenized deposits carry the full legal status of a bank deposit, with…

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