According to a report by Deep Tide TechFlow, Deutsche Bank is exploring innovative ways to integrate stablecoin technology into its business. Sabih Behzad, head of digital assets and currency transformation, revealed that the bank is considering launching its own stablecoin or forming alliances within the financial industry.
Behzad further explained that Deutsche Bank is considering creating a tokenized deposit system to streamline payment processes and enhance transaction efficiency. The bank is also evaluating whether to position itself as a reserve manager of digital assets or to issue proprietary digital tokens.
Deutsche Bank's recent research report highlights the momentum of stablecoins, noting that they are moving toward mainstream acceptance.