
Tokenized Deposits vs Stablecoins: How Digital Bank Money Differs
Tokenized deposits and stablecoins both move on programmable ledgers, but their issuers, legal claims, settlement, access, and risks differ.

Tokenized deposits and stablecoins both move on programmable ledgers, but their issuers, legal claims, settlement, access, and risks differ.

The GENIUS Act is law, but implementation is still underway. Understand the 2026 OCC and customer-ID proposals, effective dates, protections, and risks.