Vantage and Rio Bank settle a loan payment with tokenized deposits on Ethereum, funds reach the lender's wallet in under three minutes

A bank loan repayment settled in minutes on Ethereum using tokenized deposits (bank deposits represented as onchain tokens), with loan balances and notices updated at the same moment.

world1h agopermalink suggest a link

Topics: Tokenization · Finance on Ethereum

This permalink is the canonical link for this story. It updates as new coverage joins the cluster. Know a post that belongs here? Suggest a link.

Vantage and Rio Bank settle a loan payment with tokenized deposits on Ethereum, funds reach the lender's wallet in under three minutes · ethernews.org