Deutsche Bank is researching stablecoins and tokenized deposits, and considering issuing tokens or joining industry initiatives

On June 7th, according to Bloomberg, Deutsche Bank (Germany's largest bank) is studying stablecoins and tokenized deposits, and considering options such as issuing its own tokens or joining industry initiatives. The bank is still evaluating the development of its own tokenized deposit solution for payments to improve efficiency. Santander Bank and other banks such as JPMorgan Chase are also exploring stablecoins and tokenized deposits, and there are some early signs that customers have applied them to the payment field.