defi
TD Bank Sees ‘Terrific Opportunities’ in Tokenized Deposits
📰 sources⭐ 8.0
TL;DR:
With JPMorgan known as a pioneer, more big banks are leaning into tokenized deposits as a way to get blockchain’s benefits, without giving up control.
Key Points:
Background:
Decentralized Finance (DeFi) refers to financial services built on blockchain networks without traditional intermediaries.
Why It Matters:
This development could influence UNI price action and market sentiment in the near term.