According to Odaily, market sources indicate that State Street, a major American financial institution with $4 trillion in assets under management, is currently exploring the development of stablecoins and deposit tokens. This move reflects the growing interest and involvement of traditional financial giants in the digital currency space, aiming to leverage blockchain technology for enhanced financial services.
State Street Explores Stablecoin And Deposit Token Creation
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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