Deutsche Bank considers participating in stablecoin issuance or related businesses

Foresight News reported that according to Bloomberg citing Sabih Behzad, head of digital assets and currency transformation at Deutsche Bank, the bank is considering whether to issue its own stablecoin or join a broader industry cooperation program. The bank is also evaluating the development of a tokenized deposit system to improve payment efficiency. Behzad stated that banks can choose to serve as reserve managers or issue their own digital tokens. Previously, in a research report, Deutsche Bank pointed out that with the progress of cryptocurrency legislation under the leadership of the Trump administration, stablecoins are advancing mainstream adoption.