Why Every Bank Needs 24/7 Cash Settlement Now

On Ep. 9 of Stablecoin Stories, Simon Taylor, Head of Market Development @ Tempo and Ran Goldi, SVP Payments, Fireblocks are joined by Ryan Rugg, Global Head of Digital Assets @ Citi Token Services to discuss Citi Token Services liquidity management as first use case, programmable smart contracts, the need for multi bank interoperability and more!

Timestamps:

• 00:00 Introduction
• 5:26 Lessons on client pain points from IBM blockchain practice
• 8:25 Citi Token Services liquidity management as first use case
• 14:33 Programmable smart contracts for shipping canal payments
• 18:39 Need for multi bank interoperability and industry owned networks
• 26:02 Tokenized deposits projected to exceed stablecoin transaction volume
• 28:28 Compliance challenges with stablecoin transaction history auditing
• 30:38 Tokenized cash as foundation for atomic settlement of assets

Tokenized is sponsored by Visa

A world leader in digital payments, Visa is bridging the gap between traditional financial institutions and innovative blockchain networks, helping players in the payments ecosystem navigate the ever-evolving world of tokenized fiat currencies with confidence and ease. Learn more at visa.com/crypto.

Tokenized is also presented by Fireblocks

With over $100 billion in monthly stablecoin volume, Fireblocks powers stablecoin strategies at scale with infrastructure that enables PSPs, fintechs, remitters and banks to issue, move, hold, and manage stablecoins. And it’s all done securely, at scale, and with built-in compliance. Learn more at fireblocks.com

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We’d also like to remind you that the views or opinions of our contributors today are their own and do not necessarily reflect those of the companies they are representing. Nothing we say should be taken as tax, financial, investment or legal advice, do your own research!

Music by Henry McLean