BNY Mellon is working on launching tokenized deposits that use blockchain technology, aiming to allow clients to make payments more quickly and efficiently. Currently, the bank handles around $2.5 trillion in payments daily and manages assets totaling $55.8 trillion. The new initiative is part of BNY Mellon’s broader plan to modernize its infrastructure, support instant cross-border payments, and improve overall financial transfer methods using digital assets and blockchain technology.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The banking world is changing fast. Traditional methods are slowly giving way to digital innovation,…
The cryptocurrency market is fast, unpredictable, and full of opportunity. But for most traders, keeping…
The crypto market seems to be entering one of its most exciting phases, the beginning…
The crypto world never sleeps — and neither do investors looking for the next breakout.…
Story Highlights The PENGU price today is The token could hit $0.046 in 2025 and…
Solana’s on-chain metrics are painting an intriguing picture. While the network’s Total Value Locked (TVL)…
