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BNY explores tokenized deposits to power $2.5T daily payment network: Bloomberg

BNY Mellon is exploring tokenized deposits to move part of its $2.5 trillion daily payment flow onto blockchain rails and modernize cross-border settlements.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

BNY explores tokenized deposits to power $2.5T daily payment network: Bloomberg

BNY Mellon is exploring tokenized deposits to move part of its $2.5 trillion daily payment flow onto blockchain rails and modernize cross-border settlements.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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