Two banks have collaborated to tokenize U.S. dollar demand deposits on a permissionless public blockchain for the first time ...

A savings account is considered high-yield if it pays more than a financial institution’s regular demand deposit or passbook savings accounts. High yield savings accounts are typically money ...

Similar to a demand deposit. Funds in a sight account can be transferred quickly without restriction to another account or converted into cash. Term is mainly used in Europe ...

The Synapse trustee reports revealed that partner banks could reconcile demand deposit accounts quickly but struggled with FBOs. In some cases, funds were divided into positive and negative balance ...

They conducted a series of eight regulated test transactions, involving minting, transferring, and redeeming Avit tokens ...