J.P. Morgan provided Solana Foundation with input on institutional settlement practices and requirements.
The Swiss bank is migrating fund administration services to Northern Trust.
The DIGIT pilot is expected to take place by Q1 2027.
Among survey respondents, 74% recognise at least one stablecoin use case.
Modern market infrastructure can bring established institutional products together with real-time settlement.
Banks can easily manage smart contracts on both their own ledgers for tokenized deposits and the Swift ledger.
Pairing Coinbase with Citi’s regulated banking rails gives a direct path between tradFi & digital assets.
Financial institutions of all sizes will be to clear and settle tokenised deposit transactions.
The proposals relate to a regulatory framework for Board-supervised payment stablecoin issuers.
