Monday, June 29, 2026

Tokenizing the Reserve, Banning the CBDC

  • Major asset managers like Invesco are filing to tokenize stablecoin reserves, signaling a growing trend in TradFi's adoption of on-chain infrastructure.
  • The US has banned its own CBDC, positioning private dollar tokens and tokenized bank deposits as the de facto digital dollar, with Switzerland opting for a wholesale CBDC approach.
  • Several initiatives are advancing tokenization, including ICE and OKX tokenizing NYSE equities, Spark, Uniswap, and Sky building a stablecoin FX layer, and MoneyGram launching its own stablecoin, MGUSD.

Topics: Asset types, Legal regulatory, Infrastructure providers, Stablecoins digital cash, Securities law classification, Tokenization platforms

Tags: #invesco #stablecoinreserves #cbdcban #moneygram #mgusd #ice #okx #nyseequities #spark #uniswap

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