Deutsche Bank considers launching its own stablecoin or cooperating with financial institutions to develop stablecoin technology

Mars Finance News: According to Coin Track Daily, Deutsche Bank is exploring innovative ways to integrate stablecoin technology into its business. Sabih Behzad, the head of digital assets and monetary transformation at the bank, revealed that Deutsche Bank is considering launching its own stablecoin or establishing an alliance with the broader financial industry to advance this technology. Behzad further explained that the bank is contemplating creating a tokenized deposit system aimed at simplifying payment processes and improving transaction efficiency. Deutsche Bank is also evaluating whether to position itself as a digital asset custodian or issue its own proprietary digital token. A recent research report by Deutsche Bank emphasized the growing momentum of stablecoins and noted that they are moving towards mainstream acceptance.