VersaBank Adds FX to Tokenized Deposits for Cross-Border Payments
The Canadian bank added USD–CAD conversion to its tokenized deposits, enabling real-time cross-border transactions as banks test blockchain-based settlement systems. VersaBank, a federally chartered Canadian digital bank focused on institutional lending, is adding foreign exchange functionality to its tokenized deposit platform, allowing users to convert between US and Canadian dollars within a blockchain-based system. Announced