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dollar, though other currencies and commodities such as gold are also used.The bank noted that stablecoins currently have a large advantage over tokenized treasuries when it comes to liquidity.

AI affordable small businesses mutual funds ✌️【Remote Work】✌️Start investing with ₹500 and make your money work for you with high returns.With a total market of almost $180 billion across manyblockchainsandcentralized exchanges(CEX), stablecoins offer low transaction fees even on larger trades.Tokenized treasuries, in contrast, have much lower liquidity, the bank noted, adding that this disadvantage may lessen over time as the products gain more traction.Will Canny is an experienced market reporter with a demonstrated history of working in the financial services industry.

He's now covering the crypto beat as a finance reporter at CoinDesk.

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