VersaBank USA Launches Pilot Program To Test USD-Backed Digital Deposit Receipts
North American digital banking establishment VersaBank has introduced that its US subsidiary, VersaBank USA, has begun an inside pilot program to check its USDVBs, a US greenback model of its proprietary Digital Deposit Receipts (DDRs). These DDRs, developed utilizing the financial institution’s personal know-how, are tokenized, bank-issued deposits that signify a one-to-one digital equal of…
