{"id":570354,"date":"2026-03-17T18:55:02","date_gmt":"2026-03-17T18:55:02","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/17\/versabank-expands-tokenized-deposits-with-cross-border-fx-use-case-2\/"},"modified":"2026-03-17T18:55:02","modified_gmt":"2026-03-17T18:55:02","slug":"versabank-expands-tokenized-deposits-with-cross-border-fx-use-case-2","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/17\/versabank-expands-tokenized-deposits-with-cross-border-fx-use-case-2\/","title":{"rendered":"VersaBank expands tokenized deposits with cross-border FX use case"},"content":{"rendered":"

\"VersaBank<\/p>\n

The Canadian bank added USD\u2013CAD conversion to its tokenized deposits, enabling real-time cross-border transactions as banks test blockchain-based settlement systems.<\/p>\n

VersaBank, a federally chartered Canadian digital bank focused on institutional lending, is adding foreign exchange functionality to its tokenized deposit platform, allowing users to convert between US and Canadian dollars within a blockchain-based system.<\/p>\n

Announced Tuesday, the upgrade enables real-time, 24\/7 currency conversion using Real Bank Tokenized Deposits (RBTDs), that is, digital representations of fiat deposits issued and backed by the Ontario-based institution.\u00a0<\/p>\n

The feature is designed to improve cross-border transactions by reducing reliance on traditional foreign exchange rails, which are often slower and limited by banking hours.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The Canadian bank added USD\u2013CAD conversion to its tokenized deposits, enabling real-time cross-border transactions as banks test blockchain-based settlement systems. VersaBank, a federally chartered Canadian digital bank focused on institutional lending, is adding foreign exchange functionality to its tokenized deposit platform, allowing users to convert between US and Canadian dollars within a blockchain-based system. Announced […]<\/p>\n","protected":false},"author":1,"featured_media":570356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-570354","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/570354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=570354"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/570354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/570356"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=570354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=570354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=570354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}