Canada’s Big Six banks explore tokenized Canadian-dollar deposit
Bank of Montreal, National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia, Toronto-Dominion Bank and CIBC partnered to explore a Canadian-dollar denominated tokenized deposit solution as a first step toward modernizing domestic payment infrastructure.
Canada's major banks have teamed up to explore a Canadian-dollar-denominated tokenized deposit solution as an initial step toward modernizing domestic payment infrastructure. The six largest Canadian banks — Bank of Montreal, National Bank of Canada, Royal Bank of Canada, Bank of Nov…