Basak Toprak, head of global products for Onyx digital tokens at JPMorgan Chase, said that the field of digital currencies is still emerging, and various types of digital currencies will compete to serve different use cases.
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We believe that deposit tokens will join central bank digital currencies as a widely used form of money in the digital asset ecosystem.
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Ugur Koyluoglu, global head of digital assets at Oliver Wyman, added that unlike stablecoins, deposit tokens also benefit from being connected to traditional banking infrastructure and the regulatory safeguards that already support bank deposits.
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