Crafting the tokenized settlement rails of tomorrow
Across Asia, banks and regulators are building interoperable systems where stablecoins, tokenized deposits, central-bank money and digital assets can settle seamlessly
Darryl Yu
14 Aug 2026
The next big change in Asian finance may not be another cryptocurrency or even a central bank digital currency ( CBDC ). It may be something less visible but potentially more consequential: the infrastructure that allows different forms of digital money to move alongside tokenized assets.
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Treasury Case Study Series
