Canada’s Major Six Banks to Roll Out Interbank Tokenized Deposit Program
In a landmark move that could reshape the way financial institutions handle electronic money, Canada’s six largest banks have announced a collaborative effort to develop and launch an interbank tokenized deposit system. This initiative, still in its early testing stage, aims to create a seamless, secure, and efficient method for moving digital commercial deposits between participating banks, ulti…
Sept. 22, 2026, 5:34 p.m.