Corporate Demand for Cross-Bank Payments Exposes Limits of Tokenized Money Systems, Citi Warns
The current landscape of digital asset infrastructure may be heading toward the same fragmentation issues that have plagued traditional finance for decades, according to a senior executive at Citigroup. Speaking at the Consensus conference in Miami, Ryan Rugg from Citi highlighted a critical challenge facing blockchain-based payment systems: the inability to deliver seamless, instantaneous transactions…
