Banking's New Infrastructure
Payments, tokenized deposits and the rails underneath banking
Banking's New Infrastructure
The Fed Lays Out the Rules for Bank-Issued Stablecoins
Beyond the BankThe Fed and Treasury proposed GENIUS Act rules letting banks issue stablecoins: 1:1 reserves, two-day redemption, no interest. Comments due Nov. 30.
Read moreBig Banks Say Their Blockchain Money Is Already Running. What It Means for You
Beyond the BankCiti and Wells Fargo say their tokenized deposits are live, and BNY settled a tokenized Treasury in minutes. What bank blockchain money means for your account.
Read moreFedNow Turns Three. Why Your Bank Transfers Still Aren't Instant
Beyond the BankFedNow has 1,800+ participating banks, yet U.S. instant payments trail Brazil and India. A Richmond Fed study explains why, and what it means for you.
Read moreCanada's Six Biggest Banks Explore a Shared Network for Tokenized Deposits
Beyond the BankBMO, CIBC, National Bank, RBC, Scotiabank and TD are exploring a shared tokenized-deposit network, while the largest U.S. banks target a version in 2027.
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