Cari Network launches tokenized deposit platform on ZKsync's Prividium for US regional banks: Cari Network

Cari Network has selected ZKsync's Prividium stack to build a bank-governed tokenized deposit platform aimed at US regional banks. The platform will enable regional lenders to offer customers tokenized deposits that function like stablecoins in terms of speed and transferability, while retaining the benefits of traditional banking and compliance.

Prividium is purpose-built for institutions requiring privacy, compliance, and full data control, offering user-level privacy, compliance tools, cross-chain connectivity, and Ethereum-grade security. The move reflects growing interest from traditional financial institutions in integrating blockchain-based payment rails and tokenized assets into their existing services.

Sources: ZKsync Prividium | Banking Exchange

This article was generated automatically by The Defiant’s AI news system from publicly available sources.