Wells Fargo Brings 24/7 Tokenized Payments to Corporate Clients

AI Summary Wells Fargo will launch tokenized deposits for corporate clients this fall, starting with US dollar-to-pound transactions. The move has won support from blockchain infrastructure advocates, while critics argue that banks are using distributed ledgers where conventional databases may work better. Cosmos Labs Backs Wells Fargo’s 24/7 Blockchain Payment Push Wells Fargo is preparing to move […] fulltext: 400 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-news/wells-fargo-brings-24-7-tokenized-payments-to-corporate-clients/ Source: Bitcoin.com News