{"id":81697,"date":"2026-06-11T17:33:40","date_gmt":"2026-06-11T17:33:40","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/81697\/"},"modified":"2026-06-11T17:33:40","modified_gmt":"2026-06-11T17:33:40","slug":"big-banks-are-ditching-private-blockchains-to-build-tokenized-cash-networks-on-public-infrastructure","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/81697\/","title":{"rendered":"Big banks are ditching private blockchains to build tokenized cash networks on public infrastructure"},"content":{"rendered":"<p>Banks are focusing on pulling stablecoins and tokenized forms of more traditional financial instruments into one integrated package to meet growing institutional demand for multi-asset flexibility.<\/p>\n<p>Rather than waiting for a single winner to emerge, large asset managers and corporate treasuries are demanding a multi-instrument setup in which stablecoins, tokenized bank deposits and tokenized money market funds all run on the same infrastructure.<\/p>\n<p>\u201cThe demand from institutional clients is consistent: they are not waiting for any single instrument to prevail,\u201d Thomas Eichenberger, chief strategy officer and deputy group CEO at Swiss-based digital asset bank Sygnum, told CoinDesk on Thursday in an email.<\/p>\n<p>\u201cThey are asking how tokenized deposits, regulated stablecoins, and tokenized money market funds can be combined and made interoperable, so a treasury function can move between them \u2014 permissioned settlement, 24\/7 cross-border flows, yield with on-demand liquidity \u2014 under one regulatory framework they already trust,\u201d he added.<\/p>\n<p>Sygnum, which describes itself as the world\u2019s first digital assets bank, <a href=\"https:\/\/www.coindesk.com\/business\/2025\/09\/16\/ubs-postfinance-and-sygnum-do-cross-bank-payments-on-a-public-blockchain\" rel=\"nofollow noopener\" target=\"_blank\">partnered late last year with<\/a> Swiss banking powerhouse UBS and PostFinance, a subsidiary company of the state-owned Swiss Post, to test blockchain payments between institutions on Ethereum.<\/p>\n","protected":false},"excerpt":{"rendered":"Banks are focusing on pulling stablecoins and tokenized forms of more traditional financial instruments into one integrated package&hellip;\n","protected":false},"author":2,"featured_media":81698,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[129],"tags":[6604,223],"class_list":["post-81697","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ubs","tag-stablecoins","tag-ubs"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116732677745611975","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/81697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=81697"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/81697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/81698"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=81697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=81697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=81697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}