The stablecoins and tokenized deposits sector, amid increasing institutional confidence in digital assets.

Deutsche Bank is evaluating options for issuing its own stablecoin or participating in a sector-wide initiative, according to Sabih Behzad, head of digital assets and currency transformation at the bank, in a statement. He added that the development of its own tokenized deposit solution for use in payments is also on the agenda.

Behzad said: "There is a clear momentum in this space, particularly in the United States, as the regulatory environment shifts in favor of stablecoins. Banks have numerous options, starting from acting as reserve managers,