Bank Rails vs DeFi: How $3.6T of “Digital Cash” Bypasses Bitcoin and Ethereum
BNY Mellon simply joined Citi, Bernstein, and a refrain of Wall Street analysts calling for as much as $3.6 trillion of digital money by 2030. The wager is that stablecoins and tokenized deposits will turn out to be core market plumbing, changing correspondent banking friction and lubricating company treasury operations. The query: does that world…
