JPMorgan has rolled out “yield-bearing” deposit token JPM Coin to institutional players for quicker and cheaper transactions.

SHANGHAI (Reuters) - China's banks are cutting the interest rates offered on U.S. dollar deposits after being asked to do so by the central bank, possibly to curtail dollar hoarding and also prop up a ...

BUENOS AIRES (Reuters) - Argentina's foreign currency deposits have jumped by around $8 billion since libertarian President Javier Milei took office in December, driven by a series of pro-market ...

SEOUL, Oct 8 (Reuters) - South Korea's dollar deposits fell in September to their lowest level since January, central bank data showed on Wednesday, as companies paid back their foreign currency debts ...

The bank intends to deploy the deposit token across additional blockchains beyond Base, with plans for multi-currency ...

Unlike stablecoins, deposit tokens are digital claims on existing bank funds and can be interest-bearing, offering a new ...

SINGAPORE (Reuters) - Foreign banks are pushing to raise billions of dollars from expatriate Indians in response to New Delhi's drive to defend its weak currency, which could mean the government can ...