| Mobile Web

Big firms expand on-chain funding demand; joint banking response could prove decisive

As big companies shift cash management to blockchain-based on-chain systems, building shared infrastructure among banks is emerging as a key task. Companies are shown to prefer bank-backed digital assets over non-bank stablecoins, valuing counterparty reliability and regulatory compliance as well as faster settlement. Participants in a roundtable discussed tokenised deposits and stablecoins playing different roles, and warned that fragmented bank-led ledgers could limit usefulness and efficiency.