BNY Mellon Launches Pilot for Tokenized Deposits to Modernize Global Payments

07-Oct-2025 The Crypto Basic

BNY Mellon Launches Pilot for Tokenized Deposits to Modernize Global Payments

The Bank of New York (BNY) Mellon, one of the world’s most influential financial institutions, is exploring tokenized deposits. This pilot is part of the bank’s long-term plan to reshape the global payments system using blockchain technology.

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