Bank Rails vs DeFi: Now $3.6T of “Digital Cash” Bypasses Bitcoin and Ethereum
BNY Mellon just joined Citi, Bernstein, and a chorus of Wall Street analysts calling for up to $3.6 trillion of digital cash by 2030. The bet is that stablecoins and tokenized deposits will become core market plumbing, replacing correspondent banking friction and lubricating corporate treasury operations. The question: does that world exist outside a slide …
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