Researcher & indy journalist. All this talk about crypto, blockchain, DLT, and generational wealth means absolutely nothing without THE LORD JESUS IN MY LIFE!
DOCUMENT FOUND 🧐
Today, one day after The Clearing House selected Quant for interoperability, orchestration and transaction management, Citi released a new report detailing what the initiative is actually being built to support.
Citi says The Clearing House is working with:
• Citi • JPMorgan • Bank of America • BNY • BMO • HSBC • Citizens • Fifth Third
The objective is real-time, 24/7 movement of tokenized deposits across institutions, building on existing RTGS and CHIPS infrastructure clearing more than $2 trillion per day.
Citi says interoperable bank-issued tokenized deposits can solve the fragmentation problem that has kept tokenized cash in single-bank silos.
The report points toward:
• Atomic delivery-versus-payment
• Smart contract-driven margin top-ups
• 24/7 global collateral mobility
• Tokenized Treasuries and bank deposits operating together
Citi calls interchangeable tokenized deposits across major institutions “transformational.”
Yesterday, Quant was selected to help orchestrate this infrastructure.
The timing of these two announcements is hard to ignore. It's almost as if this document was planned for release around yesterdays announcement.
ethereum:0x4a220e6096b25eadb88358cb44068a3248254675
Scaling #tokenisation depends on moving cash and asset together.
Our new paper with Murex shows how #programmablesettlement synchronises cash and asset movement within existing workflows.
Read it here: https://t.co/We0Jbjm8mC
At @Sibos? Visit us at Stand DISL51 or join our programmable settlement session on the Discover Stage, Mon 28 Sep, 10:30.
#Sibos #CapitalMarkets
Thanks to @DPGmaximus@APEXCONSULTNFA and @SMQKEDQG for covering my
@BIS_org /#XRPL research dive in the new video. 4 minds combine on the same stage in the most surreal of times. Cheers to you
fellas!
#XRPARMY NEVER SAYS DIE!
One guy I definitely want to give credit to, for some of his research that was also used in this outline is @BaronOfBeachSt. You're much appreciated. Thank you. 🫡
🚨BREAKING QNT NEWS! Quant built the internet of "trust". Ripple with XRP enabled the internet of "value" and what do we see here? SIBOS highlights this nugget in the description as "episode four pulled trust out as the thread running underneath it" coming up at SIBOS! Well... I guess it helps to have an OVERLEDGER sitting above all of it! Credit to @Francis73leal for the find!
A ledger records what moved. It rarely records why. That gap is where banks will earn on #tokeniseddeposits.
Our new whitepaper 'Above the Ledger' by our Chief Commercial Officer, Lenna Russ, shows how banks can commercialise them.
Visit us at Stand DISL51 at @Sibos next week to learn more: https://t.co/qxYfcrpUpw
#TransactionBanking #ProgrammableMoney #Payments #Sibos