Tokenized money efforts face limits as corporate clients demand real-time payments that work seamlessly across banks, Citi’s Ryan Rugg said at Consensus in Miami. Citigroup's Ryan Rugg warned that tokenized money will fall short of its potential if it remains confined to single-bank systems instead of working across multiple institutions. Large corporate clients, which often juggle hundreds or thousands of accounts at many banks, are demanding real-time, always-on payments that can move se…
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