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Digital money needs interoperable settlement rails, Lynq CEO says

Lynq CEO Jerald David has said institutional finance needs interoperable settlement systems capable of moving cash and collateral 24/7 as firms adopt several forms of digital money. Summary Institutions are likely to use stablecoins, tokenized deposits, CBDCs, and traditional bank money. Separate payment systems can leave capital unavailable where institutions need it. The Bank of…

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